Guangxi Ningfu New Energy Technology's 20GWh lithium battery phase III project has been approved for filing

Guangxi Ningfu New Energy Technology Co., Ltd. ("Guangxi Ningfu") has passed the filing of its 20GWh lithium battery phase III (10GWh) project and 5GWh sodium battery and sodium battery material project. Guangxi Ningfu was established on July 26, 2021, and is a joint venture between Dofluoro, Nanning Science and Technology Investment, Shengning Investment and Ningxin Polylithium. Currently, Dofluoro holds 70.29% of the shares of Guangxi Ningfu.