Recently, the management committee and local government released the public notice on the proposed approval of the EIA report for the new energy vehicle power battery material processing, battery cascade utilization and resource center project (re-filed). The project involves a total investment of RMB 500 million, located in the Lingang Economic and Technological Development Zone. It consists of one dismantling & cascade utilization production line, one black mass preparation (cell crushing) production line, and one lithium carbonate production line. Upon completion, it will achieve Phase I annual dismantling capacity of 60,000 tons of power LIB packs (including 20,000 tons of cell crushing and 10,000 tons of cell cascade utilization), and Phase II annual output of 3,973 tons of lithium carbonate.

Recently, the ecological environment authority released the public notice on the draft EIA document for the annual 120,000-ton waste new energy power battery comprehensive utilization project (Phase I). The project involves a total investment of RMB 570 million, with Phase I investment of RMB 30 million, located in the Weibo Park of Yangquan High-tech Industrial Development Zone. Phase I consists of an annual 20,000-ton waste new energy power battery dismantling & crushing production line and a 5,000-ton waste new energy battery cascade utilization production line. Upon completion, Phase I will achieve an annual processing capacity of 20,000 tons of waste new energy power batteries and 5,000 tons of cascade utilization.

Recently, the company launched the first public announcement on EIA for the annual 20,000-ton waste new energy battery comprehensive utilization project. The project involves a total investment of RMB 210 million, located in the New Energy Industrial Park, Xiaokou Town, Taihe County, Fuyang, Anhui. It consists of annual processing of 20,000 tons of waste new energy batteries and supporting sewage treatment and recycling facilities. Upon completion, it will achieve an annual processing capacity of 20,000 tons of waste LIBs (10,000 tons of NCM, 10,000 tons of LFP) and 5,000 tons of cascade utilization per year, yielding 7,000 tons of battery-grade lithium carbonate and 1,000 tons of copper powder per year.

Recently, the local government released the public notice on the draft EIA report for the annual 55,000-ton waste new energy battery recycling and comprehensive utilization project. The project involves a total investment of RMB 1.176 billion, located in the Green New Energy Base of Taihe Economic Development Zone. It is constructed in two phases. Upon completion, it will achieve an annual processing capacity of 55,000 tons of waste new energy batteries. After Phase I, it will produce 1,058.59 tons of lithium carbonate and 6,431.06 tons of iron phosphate per year. After Phase II, it will produce 2,417.5 tons of cascade-utilized batteries, 19,997.40 tons of nickel sulfate, 6,665.80 tons of cobalt sulfate, and 4,223.12 tons of lithium carbonate per year.

Recently, the local state-owned capital investment platform, together with the local state-owned assets platform and a national high-tech enterprise, signed a Series B+ equity investment agreement. The total investment of the project is RMB 500 million, located in Wenzhou Haixiang District. It consists of a 40k-ton-level LIB circular demonstration production base. Upon completion and operation, it will fill the gap in Wenzhou's new energy battery carbon cycle recycling industry, and complete the full green chain of battery "production—application—recycling—regeneration".

Recently, the local government released the public notice on the acceptance of EIA documents for the new energy vehicle and power battery recycling industrialization project in Dali Prefecture. The project involves a total investment of approx. RMB 125 million, located in Taoxin Area, Yongping Industrial Park, Yunnan. It consists of new energy vehicle charging/swapping and LNG refueling stations, new energy vehicle dismantling and power battery cascade utilization production lines, and new energy vehicle and battery recycling technology R&D center. Upon completion, it will achieve comprehensive production capacity for new energy vehicle dismantling and power battery cascade utilization.