of June 25, Xiangshui County, Jiangsu Province, held a high-quality development project start-up activity. A total of 15 projects were started with a total investment of 7.02 billion yuan
. Among the projects started, the project with an annual output of 200000 tons of lithium manganese iron phosphate cathode materials was invested and constructed by Qingdao Ganyun Hi-tech New Materials Co., Ltd. The total investment is 5 billion yuan, which is divided into two phases. The first phase covers an area of 180 mu, with a planned investment of 2.5 billion yuan, 84000 square meters of new plant and ancillary facilities, 220 sets of automatic batching machines, sand mills, spray dryers and other equipment, and 22 new cathode material production lines, which can produce 100000 tons of cathode materials for lithium manganese phosphate batteries annually.