Securities code: 300631 securities abbreviation: Jiangsu Jiuwu Hi-Tech Co.Ltd(300631) Announcement No.: 2022-008 Jiangsu Jiuwu Hi-Tech Co.Ltd(300631)
About Jinhai lithium (Qinghai) Co., Ltd
Announcement on signing the contract of 1000 ton lithium chloride project
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Jiangsu Jiuwu Hi-Tech Co.Ltd(300631) (hereinafter referred to as “the company”) disclosed the announcement on receiving the signing notice of Jinhai lithium (Qinghai) Co., Ltd. (Announcement No.: 2022-001) on January 4, 2022. Recently, the company and Jinhai lithium industry (Qinghai) Co., Ltd. (hereinafter referred to as “Jinhai lithium industry”) signed the general contract for design, equipment supply and installation of 1000 ton lithium chloride project (hereinafter referred to as “the contract”), and now the relevant details are announced as follows:
1、 Main information of the other party
Company name: Jinhai lithium (Qinghai) Co., Ltd
Unified social credit Code: 91632824mabjdrqb42
Registered capital: 180 million yuan
Registered address: No. 2014-2, intersection of Dahua street and Tuanjie Road, Chaidan Town, Haixi Prefecture, Qinghai Province
Business scope: general items: manufacturing of special chemical products (excluding hazardous chemicals); Sales of high-purity elements and compounds; Production of chemical products (excluding licensed chemical products); Sales of chemical products (excluding licensed chemical products); Non ferrous metal calendering; Import and export of goods; Technology import and export; Technical services, technical development, technical consultation, technical exchange, technology transfer and technology promotion (except for projects that must be approved according to law, business activities shall be carried out independently according to law with business license).
Jinhai lithium has no relationship with the company.
Jinhai lithium is the holding subsidiary of the listed company Eve Energy Co.Ltd(300014) .
2、 Main contents of the contract
1. Contract signing subject
Party A: Jinhai lithium (Qinghai) Co., Ltd
Party B: Jiangsu Jiuwu Hi-Tech Co.Ltd(300631)
2. Main contents of the project: general contracting for design, equipment supply and installation of 1000 ton lithium chloride project
3. Scope of work: including the design, procurement, installation and commissioning of process package of 1000 ton lithium chloride project until reaching the standard and production.
4. Contract price and payment
The total contract price is RMB 65000000.00, including 13% VAT.
5. Payment progress: pay according to the project progress
6. Main rights and obligations of both parties
Party A shall complete the work outside the battery limit of Party B according to the contract and relevant technical agreements, including but not limited to project civil engineering, workshop, brine and water and electricity supply. Party B shall manufacture the equipment within the scope of the contract in accordance with the contract, and complete the delivery, installation, commissioning and acceptance of the equipment in accordance with the contract.
3、 Impact of contract on the company
Lithium chloride is mainly used to produce metal lithium, which is an important material for the next generation of lithium batteries. If the lithium chloride project contract is successfully implemented, it will be conducive to verify the feasibility of the company’s “adsorption + membrane method” raw brine extraction process of lithium chloride, and further improve the company’s R & D and application level and business undertaking capacity in the field of lithium extraction from salt lakes, It has a certain positive impact on the operation and development of the company. The performance of this contract is not expected to have a significant impact on the company’s business, operational independence and financial status.
4、 Risk tips
Although both parties to the contract signed this time have the ability to perform, the performance of the contract has a certain period. In the actual performance process, if the impact of unpredictable or force majeure factors is encountered, it may lead to the risk that part or all of the contents of the contract cannot be performed.
Please make careful decisions and pay attention to investment risks.
5、 Consultation mode
Consulting address: Securities Investment Department of No. 9 company, yuanxinlu, Pukou District, Nanjing
Tel: 025-58109595 to 8095
It is hereby announced.
Jiangsu Jiuwu Hi-Tech Co.Ltd(300631) board of directors
February 7, 2022
