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Sinochem News Network reported on November 29 that Longbai Group announced that the company's wholly-owned subsidiary Henan Baili New Energy Materials Co.
According to the announcement, Longbai Group intends to build an integrated project with an annual output of 200,000 tons of lithium-ion battery anode materials in the western industrial cluster of Zhongzhan District, Jiaozuo City, with a total investment of 3.
Longbai Group believes that the implementation of the lithium-ion battery anode material integration project will further strengthen the company's strategic layout in lithium-ion battery anode material products, which will help the company form a more complete industrial system and actively promote the company's integration into the production of new energy materials.
It is understood that since the beginning of this year, Longbai Group has continued to increase its weight in the field of new energy batteries through new projects, cooperation, and acquisitions