In accordance with the company's strategic planning and business development needs, in order to further open up the upstream and downstream industrial chain of lithium battery materials and give full play to the synergy advantages of the industrial chain, the company plans to invest 100 million yuan to establish a wholly-owned subsidiary, Rongjie New Energy Materials Co., Ltd. (tentative name, subject to the final approval and registration by the industrial and commercial administrative authorities).
Basic information of investment target
1. Investment method and source of funds
(1) Investment method: Cash
(2) Source of funds: Own funds
2. Basic information of the target company
Company Name: Rongjie New Energy Materials Co., Ltd. (tentative name)
Registered capital: RMB 100 million
Registered address: Nansha District, Guangzhou City, Guangdong Province
Business scope: Development, production and sales of positive and negative electrode materials for secondary charging power sources. (Projects that require approval according to law can only be carried out after approval by relevant departments)
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