Yongta Technology: Plans to sign the "Investment Agreement for the 200,000 Tons Annual Lithium Battery Electrolyte Project"

2026-03-08 05:05:48

Yongta Technology announces that the company will hold a board meeting on March 2, 2026, to review and approve the proposal for the “Investment Agreement for the 200,000 Tons Annual Lithium Battery Electrolyte Project.” The company plans to sign an “Investment Agreement for the 200,000 Tons Annual Lithium Battery Electrolyte Project” with the Coastal Industrial Park Management Committee of Jiangsu Binhai Economic Development Zone. The project involves investing in and constructing an annual production capacity of 200,000 tons of lithium battery electrolyte within the Binhai Coastal Industrial Park, with an estimated total investment of 500 million yuan. The project funding will come from the company’s own and raised funds, which may temporarily put some pressure on the company’s working capital.

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