On the morning of March 28, Wanhua Chemical's Wanhua Haiyang Green Electricity Industrial Park held a ceremony in Longshan Subdistrict, Haiyang City, Yantai City, Shandong Province, marking the commencement of production for Phase I and the groundbreaking for Phase II. This industrial park is a landmark project for Wanhua Chemical's strategic transformation into "chemicals + new energy" and its expansion into battery materials as a second core business. Covering a total area of approximately 1,850 mu, the park involves a planned total investment of 16.8 billion yuan. It has been designated as a major project in Shandong Province for 2025, a provincial source-grid-load-storage integrated pilot project, and a provincial green electricity industrial park pilot zone.

Recently, the People's Government of the Suburb District of Yangquan City, Shanxi Province, released the third public notice for the environmental impact assessment of the "Annual 120,000-ton Spent New Energy Power Battery Comprehensive Utilization Project" undertaken by an environmental protection technology company in Yangquan. The project is planned for construction in three phases: Phase I involves processing 20,000 tons/year of spent new energy power battery dismantling and crushing, and 5,000 tons/year of cascade utilization for spent new energy batteries; Phase II involves processing 60,000 tons/year of spent new energy power battery dismantling and crushing;

According to the latest customs data, China’s total exports of die-casting zinc alloy from January to February reached 689.33 mt, up slightly by 0.9 percentage points YoY on a cumulative basis; imports, however, totaled 48.11 million mt, down 35.46 percentage points YoY on a cumulative basis. Overall, China’s die-casting zinc alloy trade from January to February showed a pattern of slightly higher exports and a significant pullback in imports.

After the Chinese New Year, the PV power generation project in the relocation resettlement area of Gaoluo Subdistrict, Ceheng County, Guizhou Province, quickly resumed work and production, carrying out final engineering work such as ground clearing and cable trench restoration, as well as grid connection commissioning. The project has a total installed capacity of 3,200 kW, with annual power generation expected to exceed 1.13 million kWh and annual output value of about 390,000 yuan. It will also provide 450 parking spaces in carports, and part of the revenue will be used for community management and to strengthen the collective village economy.

New 1 Gwh Annual Battery Pack Project Added in Jiangsu The Yandu Ecological Environment Bureau of Yancheng City issued a public notice stating that the environmental impact assessment documents for the industrialisation project of a new energy battery system (with annual output of 1 Gwh of battery packs) had been approved. The project is located at No. 12, Group 3, Yuema Residents’ Committee, Yanlong Subdistrict, Yandu District, Yancheng, Jiangsu Province. The developer, Yancheng Baigu Energy Technology Co., Ltd., is expected to invest 30 million yuan to build the new energy battery system industrialisation project using existing premises. Upon completion, the project will have annual battery pack capacity of 1 Gwh.

Recently, the Chongqing Tongnan High-tech Zone Management Committee issued the second public notice for the environmental impact assessment of the "Battery Resource Recycling Project of a company in Chongqing." The project is located on Chuangxin Avenue, Zitong Subdistrict, Tongnan District, Chongqing. It involves constructing one power battery recovery and regeneration production line, including a 5,000 tons/year battery pack dismantling line, one 4,200 tons/year battery cell dismantling line, and one 1,600 tons/year lithium iron phosphate cathode material repair line.