Shenzhen Batian Ecotypic Engineering (002170.SZ) plans to invest in three related projects for the expansion and upgrading of the Xiaogaozhai phosphate mine.

Shenzhen Batian Ecotypic Engineering (002170.SZ) announced that, in order to further expand the company's business, its wholly-owned subsidiary Guizhou Batian Ecotypic Engineering Co., Ltd. plans to invest in the following projects: a phase II construction project for the Xiaogaozhai Phosphate Mine with an investment not exceeding 1.5 billion RMB; a phase II construction project for the Xiaogaozhai Phosphate Mine's 2600,000 tonnes/year phosphate concentrate with an investment not exceeding 0.8 billion RMB; and a smart mine transformation and upgrade project for the Xiaogaozhai Phosphate Mine with an investment not exceeding 0.5 billion RMB. The expansion and upgrade of the Xiaogaozhai Phosphate Mine through these three projects are mainly based on the company's future development plans for phosphate mining and phosphate chemical integration strategic layout, actively promoting the company's industrial upgrading and sustainable development. At the same time, it aims to meet the market's continuous growth demand for phosphate ore, enhance the company's competitiveness and economic benefits.