Xinwanda: Exploration work at the East Taijinai'er Salt Lake in Qinghai is currently underway. On April 5, the Financial Association reported that Xinwanda stated on an interactive platform that the company currently holds exploration rights at the East Taijinai'er Salt Lake in Qinghai, and related exploration work is in progress, with no output at present. The company's lithium salt procurement is mainly carried out through long-term supply agreements with suppliers or on a spot-buying basis, while also referencing third-party quotations and executing pricing mechanisms based on agreements between both parties.

【Xinwanda Plans for Lithium Iron Phosphate Batteries to Account for over 50% of Power Batteries in 2024】Xinwanda stated on the interactive platform on March 6 that the company's power batteries are mainly based on ternary materials. Currently, the proportion of lithium iron phosphate batteries is gradually increasing according to market and customer demand. It is estimated that by 2024, the proportion of lithium iron phosphate power batteries will exceed 50%. Xinwanda has a battery production capacity of 60GWh.

Xinwanda: the company has the research and production capacity of consumer-grade silicon negative electrode batteries" Recently, Xinwanda responded to specific inquiries about the progress of the company's consumer electronics silicon-carbon negative electrode batteries, stating that the company has the research and production capacity for consumer-grade silicon negative electrode batteries and can carry out mass production according to customer demand. With the expected increase in the penetration rate of silicon negative electrode batteries in the future, the company anticipates a significant growth in the shipment volume of this type of battery.

Xinwanda: Yiwu Base with an Annual Output of 5 GWh of Power Batteries Has Been Put into Production Recently, the first battery cell and PACK package of Xinwanda Yiwu new energy power battery production base project have been officially launched. The project, which lasted for 12 months from the start to production, was jointly invested and constructed by Xinwanda Power and Yiwu Municipal Government, with a planned annual output of 5 GWh of new energy power batteries.

[Annual output value of 35 billion! Xinwanda Power's another project officially put into production] On December 9th, Xinwanda Power's new energy power battery production base project in Yiwu released its first battery cell and PACK package, marking the official start of the largest manufacturing project in the history of Jinhua, Zhejiang. It also signifies that Xinwanda Power's Yiwu base has officially entered the rapid development and operation phase. The total investment of Xinwanda Power's Yiwu base is 21.3 billion yuan, jointly invested and built by Xinwanda Power and the Yiwu Municipal Government, with the aim of building an industry-leading factory and the future factory of Zhejiang Province. The project plans to produce 5 billion watt-hours of new energy power batteries annually.