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    6000t/a Lithium Battery New Material Project by Dongying Chongya Industry & Trade Co., Ltd.

    I Project name
    6000t/a Lithium Battery New Material Project by Dongying Chongya Industry & Trade Co., Ltd.
    II Brief introduction to the project undertaker
    The company was founded in October 2009, with 9 million Yuan of registered capital. Now the company owns 112 million Yuan of existing assets and its asset-liability ratio is 34%. The company mainly engages in coal processing and selling. Now there are 56 employees in the company.
    III Project content and construction scale
    To construct major production facilities, such as concentrate warehouse, extraction workshop, major production workshop, high-purity lithium workshop, packaging center, warehouse, and other facilities; to build auxiliary production facilities, such as computing & control center, central power distribution station, and others; to construct public facilities, such as telecommunication system, comprehensive network in the plant, etc.; and to build living facilities, such as office building, dining hall, and other facilities. After the project been put into production, it shall be capable of producing new material for 6000t/a lithium battery.
    IV Construction conditions of the project
    The project began to be built from December 2013. Now the construction of three major workshops (the first-stage project) has been finished. We are now doing the installation work of the major equipment. The project is planned to be put into production from May 2015. In the next three years, we shall begin to launch the second-stage and third-stage projects.
    V Total investment of the project
    150 million U. S. dollars
    VI Market and economic benefit analysis and forecast
    After the project is put into production, its sales income in amount of 540 million Yuan will be newly increased each year and the profit in amount of 100 million Yuan can be achieved.
    VII Ways of cooperation
    Joint venture, cooperative operation
    VIII Contact information
    Person to contact: Wang Jinfu

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