002709SZSE
🚨 Material Event

Announcement on the Preliminary Work for the Annual Production of 160,000 Tons of High-Pressure Solid Lithium Iron Phosphate Project

✨ AI Summary

Guangzhou Tinci Materials Technology Co., Ltd. has approved the preliminary work for a project to produce 160,000 tons of high-pressure solid lithium iron phosphate. The project will be implemented by its subsidiary in Taizhou, with an estimated investment of up to 2.1 billion yuan. The company aims to enhance its strategic layout in lithium-ion battery materials and improve its competitive advantage in phosphate products.

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Full Translation

AI Translation· azure_openai

Announcement on the Preliminary Work for the Annual Production of 160,000 Tons of High-Pressure Solid Lithium Iron Phosphate Project

Guangzhou Tinci Materials Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

On May 25, 2026, the Company held the third meeting of the seventh Board of Directors, which reviewed and approved the proposal for the preliminary work of the "Annual Production of 160,000 Tons of High-Pressure Solid Lithium Iron Phosphate Project." The Board agreed to authorize its subsidiary, Tinci Materials (Taizhou) Co., Ltd. (hereinafter referred to as "Taizhou Tinci"), to carry out preliminary preparations for the project, including organizing and conducting feasibility studies, scientifically planning project implementation content and schedule, and carrying out project establishment and environmental assessments, among other preliminary construction tasks.

The Company will implement the project based on the feasibility analysis and progress of preliminary work, in accordance with relevant regulations after fulfilling the approval decision procedures when the necessary conditions are met. This matter does not constitute a related party transaction and does not constitute a major asset reorganization as defined by the "Administrative Measures for Major Asset Reorganization of Listed Companies." The specific details are announced as follows:

1. Overview of the Proposed Investment Project

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