Guangzhou Tinci Materials Technology Co.Ltd(002709) （002709）
Securities code: 002709 securities abbreviation: Guangzhou Tinci Materials Technology Co.Ltd(002709) Announcement No.: 2022-008 Guangzhou Tinci Materials Technology Co.Ltd(002709)
Announcement on the progress of the project with an annual output of 20000 tons of electrolyte basic materials and 5800 tons of new lithium electrolyte
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.
Guangzhou Tinci Materials Technology Co.Ltd(002709) (hereinafter referred to as “the company”) the progress of the project with an annual output of 20000 tons of electrolyte basic materials and 5800 tons of new lithium electrolyte (hereinafter referred to as “the project” and “the project”) of the non-public offering project in 2020 is as follows:
1、 Basic information of the project
The project with an annual output of 20000 tons of electrolyte basic materials and 5800 tons of new lithium electrolyte is a non-public offering and investment project of the company in 2020. The construction subject of the project is Jiujiang Tianci high tech materials Co., Ltd. (hereinafter referred to as “Jiujiang Tianci”), a wholly-owned subsidiary of the company. The total investment of the project is 463.9561 million yuan, of which the investment amount of raised funds to be used is 268.0106 million yuan. For details of the project, please refer to http://www.cn.info.com.cn published by the company on February 10, 2021 and December 11, 2021 The 2020 stock plan of non-public development banks (Revised Version) and the announcement on the extension of some raised investment projects and additional investment with self raised funds.
2、 Project construction and schedule
The project has completed the installation of production equipment at the end of December 2021 and obtained the trial production license. Among them, the electrolyte basic material device with an annual output of 20000 tons and the lifsi device with an annual output of 4000 tons have reached a stable production state.
3、 Impact on the company
The successful operation of the above projects will provide the company’s electrolyte products with upstream raw materials and new electrolyte lifsi new capacity guarantee, so as to further improve the self supply proportion of raw materials of the company’s electrolyte products, and
Guangzhou Tinci Materials Technology Co.Ltd(002709) （002709）
With the advantage of large-scale production cost, the core competitive advantage of the integrated layout of electrolyte and upstream raw materials of the company will be further enhanced, and the profitability of the company will be further improved.
4、 Risk tips
The project belongs to the company’s capacity expansion project, which has certain market risks, operation risks, environmental protection and safety production risks. In addition, after the subsequent projects are put into operation, it will take a period of capacity climbing period before they can reach the predetermined indicators. If the capacity climbing is less than expected, it may lead to the risk that the expected benefits of the investment project cannot be realized as planned. In the future, the company will pay close attention to the actual operation of the production line. In case of major risks or possible major risks, the company will disclose them in time. Please pay attention to the investment risks.
It is hereby announced.
Guangzhou Tinci Materials Technology Co.Ltd(002709) board of directors February 10, 2022
