On July 28, three lithium power enterprises, Dangsheng Science and Technology, Taize Group and Longpan Science and Technology, announced the expansion, start-up and commissioning of the project. On the evening
of July 28, Dangsheng Technology, a cathode material company, announced that it planned to build the first phase of the European New Material Industrial Base with an annual output of 60,000 tons in Finland. The total investment of the project is planned to be € 774,196,600 (about RMB 6.07 billion).
At the same time, The company will also set up a Hong Kong investment company, Luxembourg SPV, through its joint venture with Finnish Battery Chemicals Oy, Dangsheng Technology (Finland) Advanced Materials Co., Ltd. (Proposed name: Easpring Finland New Materials Oy) is responsible for the construction and later operation of the first phase project of the European New Material Industrial Base.

Jilin Taize Group: 12 billion! On July 28, the new energy battery material industrial park project
of Jilin Taize Group was launched in Tumen City.
Jilin Taize Group New Energy Battery Material Industrial Park Project, with a total investment of 12 billion yuan and an area of 80 hectares, is divided into two phases, mainly including cathode materials, precursors and graphite anode materials for lithium batteries.

Longpan Technology Co., Ltd.: Jiangsu Sanjin Lithium Battery High Nickel Ternary Precursor Lithium Battery Project was completed and put into production
. On the morning of July 28, the completion ceremony and new product release conference of Jiangsu Sanjin Lithium Battery Technology Co., Ltd. High Nickel Ternary Precursor Lithium Battery Material Project was held in Zhangjiagang.
Jiangsu Sanjin Lithium Power Technology Co., Ltd. is located in Yangtze River International Chemical Industrial Park. As a wholly-owned subsidiary of Longpan Technology, a listed company, Sanjin Lithium Power is a new energy enterprise focusing on the R & D, production and sales of high nickel ternary precursors. The company has planned a high-nickel ternary precursor project with an annual output of 50,000 tons, with a total investment of 1.5 billion yuan and a planned area of 186.3 mu. The project is divided into two phases. At present, the first phase of the project has been successfully completed and put into operation.

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