Summary by Moomoo AI
Jiangxi Ganfeng Lithium Group Co., Ltd. ("Ganfeng Lithium") announced the signing of a "Project Investment Cooperation Agreement Supplemental Agreement" with Fulin Precision Co., Ltd. ("Fulin Precision") and its holding subsidiary Jiangxi Shenghua New Materials Co., Ltd. ("Jiangxi Shenghua"). This aims to further implement cooperation between the two parties in the upstream and downstream aspects of the new energy industry, and promote rapid growth and comprehensive enhancement of their businesses. According to the supplemental agreement, Ganfeng Lithium or its designated party will invest 51 million RMB, holding 51% equity of the target company, while Jiangxi Shenghua will invest 49 million RMB, holding the remaining 49% equity. The target company will establish a new project in Xuanhan County, Dazhou City, Sichuan Province, with an annual production...Show More