Jixiang Co., Ltd.: Drawing up to over 1.867 billion yuan in fundraising, for an annual output of 20,000 tons of lithium salt projects, etc.

On July 22, 2022, A -share company Jixiang (603399.SH) announced that the proposed increase of raising funds will not exceed 1.867 billion yuan. The annual output of 20,000 tons of lithium salt projects, an annual output of 22,000 tons of lithium battery new energy material projects, and supplementary funds for the flow.

Among them, Hunan Yongshan Lithium Industry Co., Ltd.'s annual output of 20,000 tons of lithium salt project is the second phase project of "Hunan Yongshan Lithium Industry Co., Ltd. annual output of 45,000 tons of lithium salt project" The first phase of the sub -project has been connected in June 2022. After the project is reached, the company will form a production capacity of 15,000 tons of battery -grade lithium hydroxide and 10,000 tons of battery -grade lithium carbonate.

The project is implemented by the subsidiary of the listed company, and the construction of the second phase of the Tongguan Circular Economic Industrial Park of Wangcheng Economic and Technological Development Zone, Changsha City, is implemented. The total investment of the project plan is 69,948,600 yuan, and the proposed investment of raised funds is 622.5 million yuan. The project construction content includes new factories and purchase production equipment.

The project is planned to be put into construction in December 2022, and it is put into production in December 2023. The total construction cycle is 12 months. After the project is reached, the total production scale of 20,000 tons of deep -processed lithium products can be formed, including an annual output of 15,000 tons of battery -grade lithium hydroxide and an annual output of 5,000 tons of battery -class lithium carbonate.

The annual output of 22,000 tons of lithium battery new energy material project is planned to be implemented by the subsidiary of the listed company, Yongshan Lithium Industry, and the construction is located in the second phase of the Tongguan Circle Circle Economic Industrial Park of Wangcheng Economic and Technological Development Zone in Changsha City. The total investment of the project plan is 77,886,600 yuan, and it is planned to use raised funds to invest 684.20 million yuan. The project construction content includes new plant buildings and purchase production equipment.

The project is planned to be put into construction in May 2023, and it is put into production in July 2024. The total construction cycle is 14 months. After the project is reached, the total production scale of 22,000 tons of deep -processed lithium products can be formed, including an annual output of 12,000 tons of battery -grade lithium hydroxide, 5,000 tons of battery -grade lithium carbonate, and 5,000 tons of high pure pure lithium carbonate.

After the completion of this issue, the company's total assets and net assets will increase at the same time, the level of asset liability ratio will be reduced, the pressure on the company's mobile capital will be relieved, the financial structure will be more reasonable, and the ability to repay and resist risk will be strengthened. It is conducive to the sustainable and healthy development of the company, it is conducive to improving the company's operating stability, and providing important guarantees for sustainable development and long -term profit.

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