Fengyuan Co., Ltd.: the subsidiary plans to invest 1.25 billion yuan to build a 50, 000-ton lithium battery high-energy cathode material integration project.

[Fengyuan shares: subsidiary plans to invest 1.25 billion yuan to build 50, 000 tons of lithium battery high-energy cathode materials integration project] Fengyuan shares announced that Fengyuan Lithium Energy, a wholly-owned subsidiary, plans to sign an "investment agreement" with the people's Government of Gejiu City, with a total investment of about 1.25 billion yuan, to invest in the construction of 50, 000 tons of lithium battery high-energy cathode materials integration project in Gejiu Chongpo Shaoxing New material Industrial Park.