Core Viewpoint - The article discusses the environmental impact assessment approval for a new lithium-ion battery cathode material project by Anhui Yuan Innovation New Energy Materials Co., Ltd., highlighting the investment and production capacity of the project [1][2]. Group 1: Project Overview - The project is located in the Anhui Taihe Economic and Technological Development Zone, with a total investment of 1 billion yuan, including 5.39 million yuan allocated for environmental protection [2]. - The project will cover an area of approximately 45,492 square meters (68.2 acres) and will include the construction of a ternary factory, comprehensive station, and solid waste warehouse, with a total building area of 44,457.6 square meters [2]. - The production line aims to achieve an annual output of 10,000 tons of lithium-ion battery cathode materials [2]. Group 2: Company Background - Anhui Yuan Innovation New Energy Materials Co., Ltd. was established in January 2023 and focuses on the research, development, production, and sales of lithium battery ternary cathode materials and ternary precursors [2]. - The company is a wholly-owned subsidiary of Zhejiang Haichuang Lithium Battery Technology Co., Ltd., which is primarily owned by Dalian Zhongbi New Energy Co., Ltd. [2]. - Haichuang Lithium Battery has developed a multi-tiered product structure, including various types of lithium battery ternary precursors and cathode materials, applicable in electric vehicles, power tools, high-end digital products, and energy storage [2]. Group 3: Future Plans - In July 2023, Haichuang Lithium Battery signed a framework agreement with the government of Yushui District, Xinyu City, Jiangxi Province, for a project to produce 50,000 tons of high-performance lithium battery cathode materials [3]. - The project is planned to be implemented in three phases, with the first phase involving an investment of 1.15 billion yuan and covering an area of 150 acres, aiming for an annual production capacity of 10,000 tons of ternary lithium battery cathode materials upon completion [3].