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Annual production of 105 million square meters wet lithium battery separator project

The main construction entity of this project is Cangzhou Mingzhu Lithium Battery Diaphragm Co., Ltd., a subsidiary. The construction content is an annual production line of 105 million square meters of wet lithium battery separators, which mainly includes investment in three wet diaphragm production lines, factories, supporting facilities, and process equipment. The total investment in the project construction is about 592 million yuan, with a construction period of 24 months. The project construction funds are sourced from raised funds.

As of now, the relevant equipment of the first production line in the project has been debugged, trial production has been completed, and formal production has begun. The other two production lines are still being implemented according to the project plan.

Cangzhou Mingzhu stated that the completion and production of the above projects have significantly increased the production of wet lithium battery separator products, further alleviating the shortage of wet lithium battery separator products and improving the company's core competitiveness and profitability.

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