Beterui plans to build a lithium-ion battery anode material project with an annual output of 40,000 tons

by:CTECHi     2021-07-22

On January 14, China Baoan issued an announcement stating that the company's subsidiary Huizhou Beterui New Material Technology Co., Ltd. (hereinafter referred to as 'Huizhou Beterui') intends to invest in the construction of an 'annual output of 40,000 tons' in Huizhou, Guangdong. Lithium-ion battery anode material project

The announcement shows that the project plans to build a lithium-ion battery anode material production line with an annual output of 40,000 tons in two phases in Huizhou Beterui Industrial Park, Guangdong. 20,000 tons. The project is expected to start construction in March 2019, with a planned construction period of about 22 months.

China Baoan stated that the investment in the construction of the '40 thousand tons of lithium-ion battery anode material project' is Shenzhen Beiterui New Energy Materials Co., Ltd. (below (Referred to as 'Better') In order to meet the needs of its own business development, it has increased its production capacity layout in South China to meet the future demand for the production capacity of Battery's lithium-ion battery anode materials, and further consolidate Better's leading position in the industry. If the project is successfully completed and sold, it is expected to have a positive impact on the company's future financial status and operating results.

China Baoan was established in July 1983 and was the first batch of listed companies in New China. As one of the key development of large-scale enterprise groups in Guangdong Province and Shenzhen, China Baoan has formed an industrial cluster dominated by high-tech industries and supplemented by equity investment, biotechnology, urban operation and development, and has a number of listed companies, and More than 20 wholly-owned and holding companies, with the goal of 'building a high-tech industry group based on new materials

Bettery is a leading company in the new materials industry under Baoan, China. It was established in August 2000, focusing on the research and development of materials for lithium-ion secondary batteries. It has developed into an industry leader with the world's leading market share in the lithium-ion anode material industry. Huizhou Beterui is a wholly-owned subsidiary of Beterui, which is part of China Baoan.

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