Puyuan material: The first phase of the Meishan Yindi Le Phase II project has entered the trial production in March.

Puyuan Materials recently stated during a research conducted by institutions that by the end of 2025, Indelead will have a lithium battery binder production capacity of 100,000 tons. In order to seize market opportunities and meet the increasing demand of downstream customers, the company is actively promoting the construction of the second phase of Meishan Indelead project. This project will be implemented in two stages. The first phase is designed to have an annual production capacity of 60,000 tons of lithium battery binder. It entered the trial production phase in March 2026 and is expected to reach full production in May 2026. The second phase of the project will use the factory buildings and public supporting facilities already built in the first phase, and purchase new equipment to build a production line, adding a lithium battery binder production capacity of 140,000 tons per year. The Meishan Indelead Phase II project will gradually release its production capacity in 2026, injecting new growth momentum into the company's profitability.