Shengxin Lithium Energy's production capacity construction and utilization

Shengxin Lithium Energy's current lithium carbonate production capacity is 35,000 tons, with 10,000 tons of capacity under construction; lithium hydroxide production capacity is 45,000 tons, with 50,000 tons of capacity under construction. In addition, the Indonesian plant has a capacity of 60,000 tons under construction, which is expected to be completed in the first half of 2024. In the past two years, with the gradual release of production capacity, the company's capacity utilization rate has declined. It is expected that after the 60,000 tons of capacity of the Indonesian plant is put into production in 2024, the capacity utilization rate may decline further.