Defang Nano (300769.SZ) signs investment agreement for integrated green phosphorus-based new energy material industrial chain project with a total planned investment of 6.3 billion RMB.

Wisdom Financial News APP reported that Defang Nano (300769.SZ) announced that the company plans to sign an investment agreement for the integrated project of the Luchuan Defang Nano Green Phosphorus-based New Energy Materials Industry Chain with the People's Government of Luchuan Yi and Miao Autonomous County. The company plans to invest in the construction of the "Luchuan Defang Nano Green Phosphorus-based New Energy Materials Industry Chain Integration Project" in Luchuan Yi and Miao Autonomous County, with a planned annual production of 300,000 tons of phosphate cathode materials and 270,000 tons of nitric acid supporting projects. The total planned investment for the project is 6.3 billion yuan.