Do-Fluoride plans to invest 700 million yuan with a Korean company to establish a joint venture

HFR NEW ENERGY PTE.LTD, a subsidiary of Dofluoro, has established a joint venture with Soulbrain Holdings Co., Ltd., with a total investment of approximately 130 billion won (approximately RMB 701 million). The joint venture mainly produces lithium hexafluorophosphate, and its products are mainly sold to SBH's global electrolyte factories.