Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) : Announcement on the holding subsidiary's obtaining the EIA reply

Securities code: Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) securities abbreviation: Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) Announcement No.: 2022007 Kunming Chuan Jin Nuo Chemical Co.Ltd(300505)

About the holding subsidiary's acquisition of 50000 T / a battery grade lithium iron phosphate cathode

Material precursor material iron phosphate and supporting Shanghai Pudong Development Bank Co.Ltd(600000) T / a sulfur based sulfuric acid project

Announcement of EIA reply

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.

Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) (hereinafter referred to as "the company") held the 17th meeting of the 4th board of directors and the 10th meeting of the 4th board of supervisors on December 21, 2021, and the first extraordinary general meeting of shareholders in 2022 on January 6, 2022, The proposal on investing in the construction of 150000 T / a battery grade lithium iron phosphate cathode material precursor material iron phosphate and supporting Shanghai Pudong Development Bank Co.Ltd(600000) T / a sulfur based sulfuric acid production project (hereinafter referred to as "iron phosphate and its supporting projects") and the proposal on investing in the construction of 100000 t / a battery grade lithium iron phosphate cathode material project (hereinafter referred to as "lithium iron phosphate project"), It is agreed that the company or its subsidiaries will invest in the construction of "iron phosphate and its supporting projects" and "lithium iron phosphate projects" in the port district of Fangchenggang City, Guangxi by stages.

Guangxi Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) Chemical Co., Ltd. (hereinafter referred to as "Guangxi Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) "), the holding subsidiary of the company, received the EIA reply on the 50000 T / a battery grade lithium iron phosphate cathode material precursor material iron phosphate and supporting Shanghai Pudong Development Bank Co.Ltd(600000) T / a sulfur based sulfuric acid production project of Guangxi Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) Chemical Co., Ltd. issued by Fangchenggang big data and administrative examination and approval Bureau on February 28, 2022 (fangshenzheng municipal transportation environmental protection [2022] No. 20, hereinafter referred to as "EIA reply").

The EIA reply agrees that Guangxi Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) will build a 50000 T / a battery grade lithium iron phosphate cathode material precursor material iron phosphate and supporting Shanghai Pudong Development Bank Co.Ltd(600000) T / a sulfur based sulfuric acid production project in the existing plant area in the port area of Fangchenggang City, implement various environmental protection measures and requirements proposed in the reply, implement the main responsibility for ecological and environmental protection, and ensure the stable and up to standard discharge of various pollutants.

As of the disclosure date of the announcement, the 100000 t / a battery grade lithium iron phosphate cathode material precursor material iron phosphate project in the "iron phosphate and its supporting projects" and the related work of the "lithium iron phosphate project" are steadily advancing. The company will urge Guangxi Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) to carry out project construction, management and operation in accordance with the requirements of EIA reply, so as to ensure the coordination and sustainable development of project implementation and environmental protection. Investors should pay attention to investment risks.

It is hereby announced.

Kunming Chuan Jin Nuo Chemical Co.Ltd(300505)

Board of directors

March 1, 2022

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