Ju Chao Zi Xun·2026-02-04 06:40Group 1 - The company held a board meeting on February 2 to approve two significant investment resolutions aimed at deepening its layout in the new energy industry and enhancing supply chain collaboration, thereby improving its overall competitiveness in the lithium battery cathode material sector [2] Group 2 - The company plans to jointly increase capital in its subsidiary, Jiangxi Shenghua New Materials Co., Ltd., with Contemporary Amperex Technology Co., Limited (CATL). The company will convert its 500 million yuan debt into equity, subscribing to approximately 407 million yuan of the new registered capital, while CATL will contribute approximately 747 million yuan in cash for about 607 million yuan of new registered capital. The capital increase price is set at 1.23 yuan per registered capital [3] - Following this capital increase, Jiangxi Shenghua's registered capital will rise from approximately 1.809 billion yuan to about 2.868 billion yuan. The company's shareholding will decrease from 79.5719% to 64.3653%, while CATL's shareholding will increase from 18.7387% to 33%. Jiangxi Shenghua will remain a subsidiary of the company, and the consolidation scope will not change [3] - This transaction constitutes a related party transaction, as CATL is expected to hold over 5% of the company after the strategic investment, becoming a related party. The pricing for the capital increase was based on an assessment report and prior agreements between the parties [3] Group 3 - The company also approved a project investment cooperation agreement for a joint venture with Guizhou Dalong Huicheng New Materials Co., Ltd. to establish a new company for a project with an annual production capacity of 500,000 tons of ferrous oxalate. The registered capital of the joint venture will be 300 million yuan, with Jiangxi Shenghua contributing 270 million yuan for a 90% stake, and Dalong Huicheng contributing 30 million yuan for a 10% stake [4] - The total investment for this project is estimated at 1.5 billion yuan, with plans for completion and production by September 30, 2026. All ferrous oxalate products produced by the joint venture will be sold by Jiangxi Shenghua or its affiliates [4] - The project aims to utilize copper smelting waste to produce ferrous oxalate, meeting the company's demand for high-pressure dense lithium iron phosphate precursors, thereby securing upstream raw material supply and optimizing costs, which will strengthen the company's competitiveness in the lithium iron phosphate cathode material industry [4]