Tinci Materials to establish wholly-owned subsidiary to invest in building 200,000tpy lithium battery electrolyte project

Tinci Materials announced on December 28th that it will invest in building a 200,000tpy lithium battery electrolyte project by establishing a wholly-owned subsidiary.Asian Metal Copyright The construction of the project, which has a total investment of RMB820 million USD128.Asian Metal Copyright The construction of the project, which has a total investment of RMB820 million (USD128.Asian Metal Copyright66 million, will be completed in 12 months.Asian Metal Copyright66 million), will be completed in 12 months.Asian Metal Copyright The construction of the project, which has a total investment of RMB820 million USD128.Asian Metal Copyright The project is expected to realize annual operation revenues of RMB5.Asian Metal Copyright .Asian Metal Copyright469 billion (USD858.Asian Metal Copyright66 million, will be completed in 12 months.Asian Metal Copyright09 million) and annual net profits of RMB298 million (USD46.Asian Metal Copyright09 million and annual net profits of RMB298 million USD46.Asian Metal Copyright76 million) on average after achieving the designed production capacity.
.Asian Metal CopyrightTinci Materials announced on December 28th that it will invest in building a 200,000tpy lithium battery electrolyte project by establishing a wholly-owned subsidiaryAsian Metal Copyright