Shanshan Co., Ltd. (600884.SH) plans to invest approximately RMB 5.106 billion to build a new integrated production base with an annual output of 150,000 tons of lithium battery anode materials.

Zhitong Finance APP News, Shanshan Co., Ltd. (600884.SH) has announced that with the rapid development of global new energy vehicles and energy storage, demand for lithium battery anode materials is growing quickly. In light of the company's current anode material production capacity, the capacity gap will continue to widen and must be filled through the construction of a new integrated base to ensure delivery of customer orders. Following preliminary research and feasibility studies, and taking into comprehensive account multiple factors including upstream raw material supply, supporting resources for graphitization processing, and regional industrial support policies, the company plans to build a new integrated base with an annual output of 150,000 tons of lithium battery anode materials in Qingshan District, Baotou City, Inner Mongolia. The total investment in the project is approximately RMB 5.106 billion, of which fixed asset investment is approximately RMB 4.318 billion. The project construction period is 17 months, with planned commencement in March 2027 and planned completion in July 2028.