On November 12, Guangzhou Tianzhi High-tech Materials Co., Ltd. Chizhou Tianci High-tech Materials Co., Ltd. (Hereinafter referred to as "Chizhou Tianci") or its subsidiaries intend to use self-financing funds to invest in the construction of " 500000 tons of electrolyte and supporting materials project per year".
According to the announcement, the construction site of the project is Xianghe Avenue, Dongzhi Economic Development Zone, Anhui Province, with a total investment of no more than 5 billion yuan , of which the construction investment is no more than 3.5 billion yuan. The construction period of the
project is 24 months. The main product scale of the project is as follows:

For the integration project of electrolyte and upstream core raw materials in Chizhou, Tianci Material said that it was a capacity layout arrangement based on the long-term business development plan. By building an integrated production base, we will further strengthen the company's core production capacity layout of electrolyte and upstream raw materials, ensure the company's medium and long-term product delivery capacity , and meet the company's future business development and market expansion needs.
It is noteworthy that on November 5, Tianzhi Material just disclosed that its wholly-owned subsidiary, Jiujiang Tianzhi, signed a Long-term Supply Agreement with Yiwei Lithium Energy. It promises to supply 450000 tons of electrolyte products to Yiwei Lithium Energy from 2027 to 2029.
In addition, Tianzhi Material also disclosed the implementation of several electrolyte framework agreements signed in the past three years, and has now locked in nearly 4 million tons of supply. Details are as follows:

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