Malion New Materials Co.Ltd(300586) : Announcement on the successful trial production of some production lines of the lithium battery wet diaphragm industrialization construction project of the holding subsidiary

Securities code: Malion New Materials Co.Ltd(300586) securities abbreviation: Malion New Materials Co.Ltd(300586) Announcement No.: 2022061 bond Code: 123057 bond abbreviation: Meilian convertible bond

Malion New Materials Co.Ltd(300586)

About the industrialization construction project of lithium battery wet diaphragm of the holding subsidiary

Announcement of successful trial production of some production lines

The board of directors does not guarantee that the information disclosed by the company is true, complete or misleading.

In order to further seize the development opportunities of new energy, according to the needs of the Chinese market and in combination with its own development goals, Anhui Meixin new materials Co., Ltd. (hereinafter referred to as “Meixin new materials”), a holding subsidiary of Malion New Materials Co.Ltd(300586) (hereinafter referred to as “the company”), invested in a new lithium battery wet process diaphragm industrialization project. For details, see the company’s website http://www.cn.info.com.cn. On March 31, 2021 Announcement on establishing a holding subsidiary and changing the implementation subject and scheme of power lithium battery wet diaphragm industrialization project and related party transactions (Announcement No.: 2021032).

1、 Project commissioning schedule

As of the date of this announcement, SMIC has completed the construction of two biaxial tensile film production lines and supporting coating production lines, and the trial production has been successful. The 3-4 production line has entered the equipment installation stage, and the construction of other production lines is also being accelerated.

2、 Impact of project operation on the company

The lithium battery wet diaphragm industrialization construction project is an important layout of the company’s new energy track. The successful trial production of some production lines of the project is conducive to accelerating the formal production of the project, which will have a positive impact on the company’s profitability and business performance in the future.

3、 Risk tips

It will take some time for some production lines of the project from successful trial production to formal production.

The project will take some time from partial production to full production, and the market is still uncertain. It may face the risks of reduced market demand, falling market price and overcapacity of lithium battery wet diaphragm. Please make rational decisions and pay attention to investment risks.

It is hereby announced.

Malion New Materials Co.Ltd(300586) board of directors April 6, 2022

- Advertisment -