300618SZSE
🚨 Material Event

Announcement on the Investment in a Project for Producing 40,000 Tons of Battery-Grade Nickel Sulfate

Nanjing Hanrui Cobalt Co., Ltd.··4 pages

✨ AI Summary

The announcement details the investment in a project to produce 40,000 tons of battery-grade nickel sulfate and 40,000 tons of nickel (metal content). The total investment is approximately 200.25278 million yuan, with the company planning to establish the project in Jiangxi Province. The construction period is estimated to be around 24 months, and the project aims to enhance the company's production capabilities.

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Full Translation

AI Translation· azure_openai

Special Reminder:

  1. This project is based on the company's strategic development needs and industry market judgment, but there are uncertainties in market changes and other factors that may affect it. The investment is subject to the volatility of nickel prices, which may lead to significant risks for the company.

  2. The project is subject to approval by relevant authorities and has certain uncertainties.

  3. The company will disclose the investment progress and relevant information in a timely manner. Investors are advised to pay attention to investment risks.

Project Investment Overview

To further meet the company's service needs and advance the company's strategic planning, Nanjing Cailu Industry Co., Ltd. (hereinafter referred to as "the Company") plans to invest in Jiangxi Province's new energy technology development zone to establish a project for producing "40,000 tons of battery-grade nickel sulfate" and "40,000 tons of nickel (metal content)". The total investment for the project is 200,252.78 million yuan, with the project financing from the company's own funds or self-raised funds.

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