Tianhua New Energy: In the future, we will increase lithium salt production capacity to 250,000-260,000 tons per year according to market demand changes.

Tianhua New Energy stated during an institutional research that the company's new energy lithium battery materials production bases are mainly located in Yibin City, Sichuan Province, Meishan City, Sichuan Province, and Yichun City, Jiangxi Province. The subsidiary, Tianyi Lithium Industry, located in Yibin City, has an annual production capacity of 75,000 tons of battery-grade lithium hydroxide. The subsidiary, Sichuan Tianhua, located in Meishan City, has an annual production capacity of 60,000 tons of battery-grade lithium hydroxide, and can be converted to an annual production capacity of approximately 55,000 tons of battery-grade lithium carbonate according to market demand. The subsidiary, Fengxin Era, located in Yichun City, has an annual production capacity of 30,000 tons of battery-grade lithium carbonate. In the future, the company will increase its lithium salt production capacity to reach 250,000-260,000 tons per year based on changes in market demand for lithium salt products.