芳源股份：终止电池级碳酸锂生产及废旧磷酸铁锂电池综合利用项目

Core Viewpoint - Fangyuan Co., Ltd. has decided to terminate its investment of up to 3 billion yuan in the "battery-grade lithium carbonate production and comprehensive utilization of waste lithium iron phosphate batteries project" due to changes in market conditions and the company's operational strategy [1] Summary by Relevant Sections Project Details - The project was originally planned to be constructed in two phases: Phase 1 included an annual production of 30,000 tons of battery-grade lithium carbonate and 46,000 tons of lithium iron phosphate precursor, while Phase 2 included an annual production of 40,000 tons of lithium iron phosphate cathode materials [1] - The company has already invested 97 million yuan in the project and has processed the land for withdrawal [1] Strategic Decision - The decision to terminate the project aims to optimize resource allocation, reduce operational risks, and improve the company's operational efficiency [1] - The termination of the project is not expected to adversely affect the company's business development [1]