Lanshi Heavy Equipment Co., Ltd. undertakes a 1,500 t/a nano lithium iron phosphate cathode material precursor demonstration project

Lanzhou Lanshi Heavy Equipment Co., Ltd. (hereinafter referred to as the "Company" or "Lanshi Heavy Equipment"), a wholly-owned subsidiary of Lanzhou Lanshi Environmental Protection Engineering Co., Ltd. (hereinafter referred to as the "Environmental Protection Company"), and its holding subsidiary Luoyang Ruize Petrochemical Engineering Co., Ltd. (hereinafter referred to as "Ruize Petrochemical") intend to form a consortium (hereinafter referred to as the "Contractor") and Lanzhou Lanshi Group Co., Ltd. (hereinafter referred to as the "Lanshi Group" or the "Contractor") to sign the "EPC General Contracting Contract for the 1,500 Tons/Year Nano-Lithium Iron Phosphate Cathode Material Precursor Demonstration Project". This contract is an open-ended contract with a tentatively estimated total amount of RMB 25,000,000.

Project Overview

1. Project name: 1500 tons/year nano lithium iron phosphate cathode material precursor demonstration project

2. Detailed address of the province and city where the project is located: Gansu Oriental Titanium Co., Ltd. (hereinafter referred to as "Oriental Titanium"), Yindong Industrial Park, High-tech Zone, Baiyin City

3. Scope of project contracting:

The 1500 tons/year nano lithium iron phosphate cathode material precursor demonstration project includes process package preparation and engineering design, material and equipment procurement, construction and installation until the intermediate handover (after mechanical completion and before start-up trial operation), and cooperates with the contractor to complete the start-up trial operation and other work.