Fspg Hi-Tech (000973.SZ) plans to co-build a production line for BOPP ultra-thin lithium-ion batteries composite collector fluid film with Guangxi Research Institute.

Fspg Hi-Tech (000973.SZ) announcement, the company plans to jointly invest with Guangdong Guangxin Innovation Research Institute Co., Ltd. (referred to as Guangxin Research Institute) and the core project team to establish a lithium battery composite flow field membrane material and key equipment development and industrialization project company. After the project company is established, it plans to invest 204 million yuan in the project company to build an independently designed BOPP ultra-thin lithium battery composite flow field film production line and related facilities, mainly to research and produce lithium battery composite flow field base film products, with the planned location at No. 8, Ligong 2nd Road, Chancheng District, Foshan City, intending to lease the existing factory property of Fspg Hi-Tech. The announcement stated that high-performance and high-quality composite flow field base film applied in composite flow field can help improve the performance of composite flow field, is expected to be widely used in power batteries, energy storage batteries, consumer batteries, etc., and is of great significance for the technical innovation of lithium battery key components. However, this project is an innovative technology research and development project, and there are risks in successfully developing products, achieving stable mass production, and market promotion. The company and Guangxin Research Institute jointly invest in establishing the project company, which is beneficial in reducing the company's research and investment risks.