Tiantie Co., Ltd. plans to invest in a modified graphite negative electrode material project with an annual output of 100,000 tons in Lujiang High-tech Zone

Tiantie Co., Ltd. announced that it has signed an "Investment Agreement" with the Management Committee of Lujiang High-tech Industrial Development Zone in Hefei, Anhui Province, and will invest in the construction of a modified graphite negative electrode material project with an annual output of 100,000 tons in Lujiang High-tech Zone. The total investment of the project is about 1.45 billion yuan, including fixed asset investment and working capital. After the completion of the project, it is expected to achieve an annual output value of 2.5 billion yuan and an annual tax of about 100 million yuan.