According to "Daya Bay Release," on February 6, the Huizhou High-Quality Development Conference and the citywide major project groundbreaking ceremony (Daya Bay sub-venue) were held at the Capchem Chemical 200,000 mt battery chemical project site.
It is reported that a total of 54 projects were signed and commenced during this event, with a total investment of 28.36 billion yuan. Among them, the new Capchem project in Huizhou, with an annual production capacity of 200,000 mt of battery chemicals, is expected to involve an investment of 1.16 billion yuan. The project will include the construction of production facilities with an annual capacity of 200,000 mt of battery chemicals, supporting infrastructure, and the Capchem (300037) Group R&D Center. The project is expected to commence operations in December 2026. Once operational, Huizhou Capchem will be capable of meeting 10% of the domestic electrolyte market demand, with an estimated additional annual output value of 3.5 billion yuan and annual tax revenue of 70 million yuan.
According to available information, Huizhou Capchem Chemical Co., Ltd. (referred to as Huizhou Capchem) is a wholly-owned subsidiary of Capchem. Over 13 years of development, Huizhou Capchem has grown from its Phase I plant in 2012, covering an area of 40,000 m², to a modern production site spanning nearly 250,000 m², with cumulative investments exceeding 2 billion yuan.
