God-given materials: Change the fundraising project and invest the remaining 4.06 billion yuan into a new project.

date
03/07/2026
Tianci Materials announced that the company plans to adjust the construction content of the "Annual Production of 41,000 Tons of Lithium-ion Battery Materials Project", with the front-end synthesis section to be funded by its own funds, and the back-end refining and purification section to be completed and approved for trial production before finalization. As of June 30, 2026, the project has already invested 169 million yuan, with an estimated remaining raised capital of 406 million yuan. The remaining funds will be invested in the "Annual Production of 250,000 Tons of Electrolyte Production Expansion and Reconstruction Project", with a total investment of 598 million yuan, and an expected annual revenue of 3.876 billion yuan and a net profit of 159 million yuan after reaching production capacity. This matter has been reviewed and approved by the board of directors, and still requires approval from the shareholders' meeting.