May 11, 2022 03:56 PM (GMT+8) · EqualOcean
Tianyuan disclosed the progress of the investment and construction of the lithium iron phosphate cathode material integration project with an annual output of 100000 tons. Based on the comprehensive consideration of land, infrastructure, personnel allocation, project management and investment cost, the company decided that the phosphoric acid and iron phosphate projects in the integration project will be constructed by Yibin Tianyuan Haifeng Hetai Co., Ltd. (hereinafter referred to as Haifeng Hetai), a wholly-owned subsidiary of the company. The project is planned to start construction in 2022, and the construction period is expected to be 18 months. In addition, the company registered and established Yibin Tianyuan lithium battery new material Co., Ltd., a wholly-owned subsidiary in Yibin Lingang Economic and Technological Development Zone, with a registered capital of 100 million yuan, as the main body of the lithium iron phosphate project in the integration project. The project is planned to start construction in the third quarter of 2022, and the construction period is expected to be 18 months. At present, the above integrated projects have obtained the record form of fixed assets investment in Sichuan Province.

This text is a result of machine translation.