Gelonghui September 25?ST Shihua (000637.SZ) announced that Shandong Aiwarui Energy Technology Co., Ltd. (hereinafter referred to as "Shandong Aiwarui"), which is controlled by the company, has invested in the construction of an annual production capacity of 1 million KVAh environmentally friendly lead-acid (carbon) battery, with a total investment of about 128 million yuan. Maoming Shihua Dongcheng Chemical Co., Ltd. (hereinafter referred to as "Dongcheng Company") and Beijing Qingda Huanke Power Technology Co., Ltd. (hereinafter referred to as "Qingda Huanke") signed the Cooperation Agreement on March 2, 2023.
Baise Shihua Environmental Protection Technology Co., Ltd. (hereinafter referred to as "Baise Shihua") invested in the 50Kt/an overhaul slag to produce magnesium fluoride and dry impervious material / graphite powder project, with a total investment of about 134.2848 million yuan.
The company's holding subsidiary Guangdong Shihua Bolun Technology Co., Ltd. (hereinafter referred to as "Shihua Bolun") invested in the construction of biomass lubricating oil pilot project, with a total investment of about 50.5535 million yuan.
The company and Shanghai Comis New Energy Technology Co., Ltd. (hereinafter referred to as "Shanghai Comis") signed the Agreement for the Joint Construction of Bio-based Lubricating Oil R & D Project and the Co-Construction of Bio-based Lubricating Oil R & D Project Agreement on August 28, 2021 and May 31, 2023, respectively.