Enjie Co., Ltd. and other four companies signed a “cooperation agreement” with Yuxi City to help build a new energy battery industry chain cluster_Oriental Fortune Network

On the evening of February 16th,Enjie sharesreleaseannouncementthe company withYiwei Lithium EnergyHuayou Holdings,YuntianhuaThe four companies and the Yuxi Municipal People’s Government “New EnergyBatteryThe Whole Industry Chain Project Cooperation Agreement stipulates that the parties will jointly establish two joint venture companies in Yuxi City. After obtaining the exploration and mining rights through the joint venture companies in accordance with laws and regulations, they will jointly exploit mineral resources, conduct mineral deep processing, and jointly develop, produce and sell new energy.Batteryand new energyBatteryUpstream and downstream materials, drive the construction of the new energy battery industry chain, and jointly promote the formation of a new energy battery industry chain cluster in Yuxi City.

According to the agreement, in terms of mineral resources cooperative development projects, two companies will be jointly established in Yuxi City, one is mainly engaged in the development of mineral resources, and the other is mainly engaged in the deep processing of minerals.Among them, the Yuxi Municipal Government or itsFixed voteThe main body holds 23% of the shares, which is the largestshareholder；Enjie shares22% stake;Yuntianhua17% stake;Yiwei Lithium EnergyHolding 20% ​​of the shares, Huayou Holdings or its designated related parties hold 18%. All parties will work together to obtain local mineral development rights in Yuxi City that match the scale of cooperation between the two parties in a legal and compliant manner. In terms of supporting projects such as batteries, separators, and battery positive and negative materials, the four companies plan to build new energy batteries, lithium battery separators, iron phosphates, lithium iron phosphates, and copper foils in Yuxi City, focusing on the target mineral resources in Yuxi City in the future. Projects and other battery supporting projects. The project is planned to be invested in three phases. The first phase promises an investment of about 18.05 billion yuan, which will be completed before December 31, 2023; the second phase promises an investment of about 33.65 billion yuan, which will be completed before December 31, 2025; the third phase of the project is planned to be invested in Complete by 2030.

According to the data, all parties involved in the cooperation are leading enterprises in the relevant industries. in,Yiwei Lithium EnergyIt is one of the few lithium battery manufacturers in the industry that masters the core technologies of both consumer batteries and power batteries, and is the core supplier of China’s lithium battery industry;Enjie sharesIt is the world‘s largest supplier of lithium battery separators; Huayou Holdings owns a listed companyHuayou Cobaltthe products are mainly developed around the lithium battery material industry, involving the development of cobalt and nickel resources, non-ferrous metallurgy, battery materials, recycling and other lithium battery material industries;YuntianhuaIt is one of the largest phosphate fertilizer and fine chemical production and production enterprises in China. At the same time, it has rich reserves of phosphate rock resources and is one of the largest phosphate rock mining and dressing enterprises in my country.

Relevant parties said that this cooperation will help all parties give full play to their respective resources and advantages, and use Yuxi’s mineral resources and the development window of the new energy industry to thoroughly implement the national strategic deployment of “carbon peaking and carbon neutrality”. It is of positive significance to the strategic layout of the cooperative companies in the new energy industry, and is conducive to further enhancing the company’s market competitiveness and sustainable profitability.

(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)

Article source: Shanghai Securities News China Securities Network

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Original title: Four companies including Enjie Co., Ltd. and Yuxi City signed a “cooperation agreement” to help build a new energy battery industry chain cluster