Anshan Heavy Duty Mining Machinery Co.Ltd(002667) investment in the construction project of lithium iron phosphate production line (phase I) with an annual output of 20000 tons
Securities code: Anshan Heavy Duty Mining Machinery Co.Ltd(002667) securities abbreviation: Anshan Heavy Duty Mining Machinery Co.Ltd(002667) Announcement No.: 2022043 Anshan Heavy Duty Mining Machinery Co.Ltd(002667)
About investing in the production line of lithium iron phosphate with an annual output of 20000 tons (phase I)
Announcement of construction 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.
Anshan Heavy Duty Mining Machinery Co.Ltd(002667) (hereinafter referred to as “the company”) held the 21st Meeting of the 6th board of directors of the company on March 17, 2022, which deliberated and approved the proposal on investment in the construction project of lithium iron phosphate production line (phase I) with an annual output of 20000 tons. Jiangxi lingneng lithium industry Co., Ltd. (hereinafter referred to as “lingneng lithium industry”), the holding subsidiary of the company, plans to invest in the construction project of lithium phosphate production line (phase I) with an annual output of 20000 tons.
According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange and the articles of association, the above foreign investment matters shall be submitted to the general meeting of shareholders of the company for deliberation.
This foreign investment does not constitute a connected transaction, nor does it constitute a major asset reorganization as stipulated in the administrative measures for major asset reorganization of listed companies.
1、 Basic information of the project
1. Project Name: construction project of 20000T / a lithium iron phosphate production line (phase I) of Jiangxi lingneng Lithium Industry Co., Ltd
2. The design scale of the first phase of the project is 10000 tons of lithium carbonate battery
3. Construction site: Shanggao County, Yichun City, Jiangxi Province
4. Total investment: 487478800 yuan
5. Source of funds: self owned funds and self raised funds
6. Construction period: 1 year
7. Project filing: the project has been filed with the development and Reform Commission of Shanggao county (unified project code: 211236092304-01237901)
2、 Main body of project implementation
1. Company name: Jiangxi lingneng Lithium Industry Co., Ltd
Anshan Heavy Duty Mining Machinery Co.Ltd(002667) investment in the construction project of lithium iron phosphate production line (phase I) with an annual output of 20000 tons
2. Unified social credit Code: 91360923ma7djkx0xc
3. Registered capital: 100 million yuan
4. Legal representative: Gao Jiaqi
5. Enterprise type: other limited liability companies
6. Address: No. 2, Jiamei Road, huangjindui Industrial Park, Shanggao County, Yichun City, Jiangxi Province (Declaration of commitment)
7. Business scope: general items: Sales of non-metallic minerals and products, manufacturing of non-metallic mineral products, (production, processing and sales of lithium carbonate) (in addition to the licensed business, you can independently operate projects not prohibited or restricted by laws and regulations)
8. Upon inquiry, lingneng lithium does not belong to the dishonest executee.
3、 Necessity and feasibility of project construction
1. Necessity of project construction
Internationally, with the gradual control of the global epidemic, the gradual restoration of the world economic order and the increasing driving force for development, the global lithium industry has ushered in a new round of development climax, especially the continuous promotion of “carbon peaking and carbon neutralization” all over the world, which provides unprecedented development opportunities for the lithium industry.
In China, China China has one belt, one road initiative, and the implementation of the “big belt and one way” initiative, as well as the implementation of the “big carbon and medium carbon”, “supply side reform”, “green economy”, “industrial 4” and “14th Five-Year plan”.
2. Feasibility of project construction
The company successfully completed the deployment of beneficiation business by acquiring 70% equity of Jiangxi Jinhui renewable resources Co., Ltd. The construction of this project will effectively extend the company’s industrial chain and strengthen the company’s in-depth development in lithium battery materials.
The procedures of lingneng lithium industry are advancing in an orderly manner.
4、 Purpose of this project investment and its impact on the company
The implementation of this project is an important measure to unswervingly implement the company’s strategic development objectives, and actively layout supporting projects in the industrial chain such as lithium extraction from lithium containing raw materials, lithium carbonate preparation and lithium iron phosphate production, which will effectively promote the company’s business development in the lithium battery material sector, improve the company’s profitability and core competitiveness, and promote the sustainable development of the enterprise.
Anshan Heavy Duty Mining Machinery Co.Ltd(002667) investment in the construction project of lithium iron phosphate production line (phase I) with an annual output of 20000 tons
5、 Investment risk of this project
The project investment may face major changes in industrial policies, internal control and other risk factors in the actual operation process. The company may adjust the subsequent construction contents according to the changes in the market environment during the project promotion.
The company will establish a sound internal control process and effective supervision mechanism, optimize the overall resource allocation of the company, clarify the business strategy and market positioning, and prevent and respond to various risks.
6、 Documents for future reference
1. Resolutions of the 21st Meeting of the 6th board of directors of the company;
2. Resolutions of the 18th meeting of the 6th board of supervisors of the company;
It is hereby announced.
Anshan Heavy Duty Mining Machinery Co.Ltd(002667)
Board of directors
March 17, 2022
