Recently, the annual 30,000-ton retired power battery comprehensive utilization project invested by the company commenced construction in the Changjiang (Changjiang) Clean Energy High-tech Industrial Park Circular Economy Demonstration Zone. According to public information, the total investment of the project is RMB 135 million, covering an area of about 30 mu, located in the above-mentioned industrial park, and constructed in two phases. Upon completion, it will achieve an annual processing capacity of 30,000 tons of waste LIB cells, stably producing high value-added recycled products such as comprehensive utilization batteries, copper granules, aluminum granules, battery casings, and LIB black mass.

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 annual 50,000-ton LIB recycling anode material project was officially put into operation. According to public information, the project involves a total investment of RMB 1.06 billion, located in Dongbao Industrial Park, Jingmen. It consists of high-performance, multi-type graphite anode material recycling and repairing production lines, covering full processes including waste electrode sheet pulverizing, shaping & grading, acid washing & purification, low-temperature carbonization, high-temperature coating, mixing & screening, etc. After reaching full capacity, it will achieve an annual output of 50,000 tons of recycled graphite anode materials, with an estimated annual output value of RMB 350 million.

Recently, the local government released the EIA public notice for the waste power battery regeneration project. The project involves a total investment of RMB 137 million, located in Hangzhou Jiande High-tech Industrial Park. It consists of newly built dry process workshop, wet process workshop, comprehensive warehouse, and solid waste warehouse, adopting advanced domestic process technologies and equipping with discharging systems, pyrolysis furnaces, leaching kettles, impurity removal kettles, etc. Upon completion, it will achieve an annual processing capacity of 15,000 tons of waste power batteries and 10,000 tons of LFP battery black mass.

Recently, the local government released the public notice on the EIA for the LIB full-life-cycle comprehensive utilization base construction project. The project involves a total investment of RMB 82.06 million, located in Xiaopu Town, Changxing County, Huzhou, Zhejiang. It consists of waste LIB recycling & regeneration, cascade utilization, and recycling & dismantling & crushing & regeneration treatment production lines, as well as LIB Pack production, cell testing & sorting, module assembly, and Pack production lines. After reaching full capacity, it will achieve an annual processing capacity of 100,000 tons of waste LIBs and electrode sheets, and an annual output of 3 GWh high-energy Pack battery packs.

Recently, the media released the first public announcement on EIA for the annual 15,000-ton waste LIB recycling and reutilization expansion project. The project involves a total investment of RMB 50 million, located in Yinhe New District, Linyi, Shandong. It consists of a safe storage facility for waste LIBs and one waste LIB recycling and reutilization production line. Upon completion, it will achieve an annual processing capacity of 15,000 tons of waste LIB materials, recycling 12,461.55 tons of waste 3C LIB powder, waste LFP battery powder, waste NCM battery powder, and waste cell powder per year.

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.