Huasheng Lithium Battery announced that the company's board of directors reviewed and passed a bill to end the investment project to treat 144,000 tons of solid-liquid gas comprehensive hazardous waste incineration and recycling center. The total investment of the project is about 360 million yuan. The original plan was that the company and Yixing Fuding and Mengze SDIC would jointly fund the establishment of Huafeng Green Energy. The company held 70% of the shares. Up to now, only part of the preliminary preparation work has been carried out for the project, and construction has not been actually implemented. The scale of the initial investment is small, and the termination of the project will not have a significant impact on the company's production, operation and financial situation.

Huasheng Lithium Battery announced that the company's board of directors reviewed and passed a bill to end the investment project to treat 144,000 tons of solid-liquid gas comprehensive hazardous waste incineration and recycling center. The total investment of the project is about 360 million yuan. The original plan was that the company and Yixing Fuding and Mengze SDIC would jointly fund the establishment of Huafeng Green Energy. The company held 70% of the shares. Up to now, only part of the preliminary preparation work has been carried out for the project, and construction has not been actually implemented. The scale of the initial investment is small, and the termination of the project will not have a significant impact on the company's production, operation and financial situation.