Shanshan Co., Ltd. (600884.SH) plans to invest about 5.106 billion yuan to build an integrated lithium battery anode material integration base with an annual output of 150,000 tons

Zhitong Finance App News, Shanshan Co., Ltd. (600884.SH) announced that with the rapid development of new energy vehicles and energy storage around the world, demand for lithium battery anode materials is growing rapidly. Combined with the company's current production capacity scale of anode materials, the production capacity gap will continue to expand, and needs to be filled through the construction of a new integrated base to ensure customer order delivery. According to the company's early research and demonstration, it is planned to build an integrated lithium battery anode material integration base with an annual output of 150,000 tons in Qingshan District, Baotou City, Inner Mongolia, based on multi-dimensional factors such as upstream raw material supply, graphitization processing supporting resources, and regional industry support policies. The total investment of the project is about 5.106 billion yuan, of which the fixed asset investment is about 4.318 billion yuan. The construction period of the project is 17 months. The planned start time is March 2027, and the planned completion time is July 2028.

The investment in this project will effectively enhance the company's anode material production capacity and product delivery capacity, and ensure stable supply to core customers. The additional supporting graphitization capacity will fill the process gap between the current Qingshan finished product production line and Jiuyuan graphitization production capacity, improve the company's integrated production capacity layout in the northern region, drastically reduce outsourcing processing costs, strengthen cost advantages, improve overall operating efficiency, and consolidate the core competitiveness of the company's anode materials business.

The investment in this project is in line with the development direction of the country's new energy industry. It is an important step for the company to implement the “15th Five-Year Plan” development plan and seize industry development opportunities. It helps to consolidate the company's leading position in artificial graphite anodes in the world, relies on state-owned capital to achieve high-quality sustainable development, and conforms to the interests of the company and all shareholders.