Core Viewpoint - Gansu Ruizhi New Materials Co., Ltd. has commenced construction on a project to produce 60,000 tons of lithium battery graphite anode materials, with a total investment of approximately 1.42 billion RMB [1] Group 1: Project Overview - The project is located in the Minqin Hongshagang Energy and Chemical Industrial Concentration Zone in Wuwei City, Gansu Province, covering an area of 97 acres [1] - The project will be implemented in two phases, with the first phase expected to begin trial production in the first quarter of 2026 [1] - Upon reaching full production, the project is projected to generate an annual output value of nearly 600 million RMB and an annual tax revenue of approximately 36 million RMB [1] Group 2: Company Background - Ruizhi New Materials was established in 2024 and is a wholly-owned subsidiary of Hunan Yourui Technology Co., Ltd., focusing on the manufacturing of chemical raw materials and products, specifically in the lithium battery anode materials sector [1]