Shenzhen Yuxiang New Energy and Huaibei High-tech Zone signed a 1 billion lithium battery negative electrode material project investment agreement

Shenzhen Yuxiang New Energy Technology Co., Ltd. announced that it has signed an agreement with Huaibei High-tech Industrial Development Zone in Anhui Province with a total investment of RMB 1 billion to build a high-performance anode material integrated project with an annual output of 10,000 tons of artificial graphite, 10,000 tons of silicon-carbon anode and 5,000 tons of hard carbon anode. The construction period is expected to be 6 months.