195 million yuan investment and construction of cathode materials

- Dec 13, 2016-

The Golden Eagle shares (600232) announcement on December 6th, in order to accelerate the implementation of the strategic transformation of the company, at the same time to comply with the market trend of the development of lithium-ion battery industry, and the previous investment company three yuan of lithium battery cathode material future project in the varieties of complementary and synergistic effect, the company proposed new annual output of 5000 tons of lithium iron phosphate lithium ion battery cathode material project. The total investment of 195 million yuan, the funds needed by the company to solve the self.          

The Golden Eagle shares that the company for the transformation of the layout of new energy, formulate the corresponding business development strategy, compared with the previous implementation of the new plant three yuan as cathode materials for lithium battery, the lithium iron phosphate cathode materials for lithium ion batteries in the implementation of the site is in the factory on the basis of the existing transformation, construction period a relatively short, and effectively speed up the pace of restructuring the company and grasp the new energy industry's rapid development opportunities, is expected after the completion of the project will have a positive impact on the growth of the company's future performance.

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