又一锂电项目暂缓！

Core Viewpoint - The company has decided to reassess and postpone the implementation of its "annual production of 100,000 tons of ternary precursor project" and "Daoshi New Energy Recycling Research Institute project" due to significant changes in the market environment and increased investment risks [1][3][4]. Group 1: Project Details - The ternary precursor project aims to utilize raised funds of 1.706 billion yuan, with an investment progress of 18.67% as of June 30, 2025 [2]. - The recycling research institute project plans to use raised funds of 99.2004 million yuan, but no funds have been invested as of June 30, 2025 [2]. Group 2: Market Environment - The domestic electric vehicle market is experiencing a slowdown, while the overseas market is hindered by political factors, leading to underperformance [3]. - The rise of lithium iron phosphate materials is capturing the mid-to-low-end market of electric vehicles, exerting pressure on the ternary cathode material market, which in turn affects the upstream ternary precursor industry [3]. Group 3: Company Strategy - The company aims to enhance its supply capacity of high-performance ternary precursors to improve market competitiveness, responding to national development strategies [3]. - Given the current production capacity meets existing order demands, the company has opted for a cautious investment approach, deciding that now is not the optimal time to continue investing in additional capacity [4].