Securities code: 300487 securities abbreviation: Sunresin New Materials Co.Ltd Xi’An(300487) Announcement No.: 2022-001 bond Code: 123027 bond abbreviation: Lanxiao convertible bond
Sunresin New Materials Co.Ltd Xi’An(300487)
Announcement on receipt of contract signing notice
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.
Risk warning: the contract has not been signed and the delivery has not been completed, and there are still some uncertainties and risks. Please make careful decisions and pay attention to preventing investment risks.
Sunresin New Materials Co.Ltd Xi’An(300487) (hereinafter referred to as “the company”) has recently received a notice from Jinhai lithium (Qinghai) Co., Ltd. (hereinafter referred to as “Jinhai lithium”) on the signing of “Jinhai lithium (Qinghai) 10000 ton lithium carbonate EPC procurement project”. The company will negotiate and sign the contract within 10 days after receiving the notice. The relevant information will be announced as follows:
1、 Overview of contracted projects
Project Name: 10000 ton lithium carbonate EPC procurement project of Jinhai lithium industry (Qinghai)
Implementation location: Dachaidan Industrial Park, circular economy Experimental Zone, Haixi Prefecture, Qinghai Province
Contract price: the provisional total price is RMB 456112400
Scope of work: 10000 ton lithium carbonate EPC procurement project of Jinhai lithium industry (Qinghai)
Construction progress: complete all construction and installation by August 31, 2022; On September 30, 2022, the whole system will be put into trial production; It will be put into operation on October 30, 2022.
The above specific matters shall be subject to the contract actually signed by both parties.
2、 Impact of the project on the company
The estimated contract amount of the project is RMB 456112400, accounting for 49.43% of the total audited operating revenue in 2020. The performance of the contract will have a positive impact on the company’s operating revenue and operating profit, will not affect the independence of the company’s business, and will not form a significant dependence on the parties to the contract due to the performance of the contract.
This project is another large-scale industrialization project of lithium extraction from Salt Lake realized by the adsorption method of the company’s independent intellectual property rights in Qinghai. The qualified products produced by the design, construction and commissioning training of the whole line of 10000 ton lithium carbonate project are planned to be completed within one year, which is an improvement of the adsorbent and the whole line technology of the company’s independent intellectual property rights. Jinhai lithium is a holding subsidiary of Eve Energy Co.Ltd(300014) and an important strategic layout for stabilizing the supply chain and optimizing the industrial layout. The implementation of the project will help to further consolidate the market position of the company’s salt lake lithium extraction business and have a positive impact on the development of the company’s own resources and new energy business.
3、 Risk tips
1. As of the disclosure date of this announcement, the company has not signed a formal contract with Jinhai lithium, and there are still uncertainties in the contract signing and contract terms. The specific content and amount of the project shall be subject to the final signed formal contract; 2. The signing of the above project contract and the impact of unforeseen or force majeure factors during the performance of the contract may lead to the failure of full performance or termination of the contract. Please make careful decisions and pay attention to preventing investment risks.
It is hereby announced.
Sunresin New Materials Co.Ltd Xi’An(300487) board of directors January 4, 2022
