Xinzhoubang (300037.SZ) plans to invest in the second phase of the Polish Xinzhoubang lithium-ion battery materials project

According to the Zhitong Finance App, Xinzhoubang (300037.SZ) announced that the company plans to use the holding subsidiary Capchem Poland Sp. z O. (hereinafter referred to as “Poland's New Zubang”) as the implementing entity to invest in the second phase of the Polish Xinzhoubang lithium-ion battery materials project in Poland's Sirem Industrial Park. The total planned investment of the project is no more than 200 million yuan.

The investment is based on the deployment and arrangement of the company's overseas development needs. The project relies on the existing land used in the first phase of the Polish Zubang project and supporting facilities such as tanks, pipe galleries, logistics, etc., to carry out technical transformation and upgrading. There is no need for additional construction land, and it can form efficient collaborative operation with the first phase of the Polish New Zubang project facilities. After the project is officially put into operation, it can effectively fill the production capacity gap in the European market, further strengthen the company's localized supply capacity in the European market, and improve response efficiency and service quality to customers in the European region. At the same time, optimizing production capacity through technological transformation can give full play to scale effects, reduce unit production costs, and increase the company's share of overseas revenue and overall profitability. The implementation of the project will accelerate the company's internationalization strategy and enhance its competitiveness in the global market. It is of great significance in achieving the company's high-quality and sustainable growth, and conforms to the interests of the company and all shareholders.