ABOUT

        Sichuan Shunying Power Battery Material Co., LTD. (hereinafter referred to as "Shunying Material Company"), established in 2010, is a national high-tech enterprise with a registered capital of 327.301813 million yuan, located in the high-tech Industrial Park of Dongpo District, Meishan City, surrounding Chengdu. Shunying Material Company has been following the concept of "environmental protection and circular economy", focusing on the research and development, production and sales of energy storage materials such as wet extraction of energy storage materials, functional material synthesis, waste battery recycling and recycling. At present, the Shunying Material Company is gradually forming a battery grade nickel-cobalt material series [mainly including: battery grade ternary precursor series, mixed nickel-cobalt hydroxide series, etc.], nickel-cobalt metal series [mainly including: electrolytic nickel, electrolytic cobalt, nickel powder, cobalt powder, etc.], iron concentrate and magnesium aluminum scandium and other metal by-products series [mainly including: Iron concentrate with iron content greater than 60%, active magnesium oxide, metallurgical grade aluminum hydroxide, scandium oxide, etc.

        At present, on the basis of its own high pressure acid leaching technology, the company has successfully developed the world's first, most efficient and zero-emission wet method innovation process for the treatment of brown iron laterite nickel ore - "nitric acid pressure leaching new technology" through the establishment of research and development cooperation mechanism with the University of Science and Technology Beijing. The technology realizes the cascade enrichment and separation of nickel, cobalt, manganese, iron, magnesium, aluminum, scandium and other metals in the widely distributed low-grade brown iron laterite nickel ore in Southeast Asia and Oceania, providing the company with nickel cobalt raw materials, high-grade iron concentrate and high-value magnesium aluminum-scandium by-products at a cost far lower than the average cost of mainstream suppliers in the industry. In May 2020, the company's "nitric acid pressure leaching new technology" passed the certification of the world invention of the Ministry of Science and Technology of China; In June 2020, the China Nonferrous Metals Industry Association (formerly the Ministry of Metallurgical Industry of the State) convened a technical evaluation group composed of seven well-known experts in the Chinese metallurgical industry, including Academician Qiu Dingfan, Academician Zhang Wenhai, Academician Huang Xiaowei, and agreed that: "The new technology of nitrate pressure leaching of brown iron laterite nickel ore is the first in the world, and the overall technical level is in the international leading position. The market potential of technology promotion is huge, and it will have a significant impact on the nickel and iron industry." Accordingly, the company has applied for 108 domestic and international invention patents and utility model patents, and provides comprehensive protection for related technologies.

        In the past years, the comprehensive strength of the world's mineral or metallurgical enterprises is mainly reflected in the "mine resources", but with the gradual depletion of various resources and the continuous emergence of alternative products, no enterprise can "stay young". Resources are limited, but technological progress is endless. Shunying Material Company has been focusing on technology for many years, determined to "world-class metallurgical technology" as the company's core competitiveness. In the future, the company will rely on the unique nitric acid pressure leaching technology, through the scientific product, production capacity, industrial chain comprehensive layout, to achieve low-cost, large-scale, high-yield, rapid rise, and strive to become China's first nickel cobalt energy storage material supplier and the world's core nickel cobalt metal supplier in 5-8 years.

        China's nickel and cobalt metal consumption accounts for more than 50% of the world, involving stainless steel, new energy materials two hundred billion level of national strategic industries, in order to play as soon as possible to comply with the Shunying material company's exclusive, the world's leading "nitric acid pressure leaching technology" market value, make up for the shortage of nickel and cobalt national strategic resources, stabilize the supply of national strategic resources, save the national foreign exchange, The board of directors of the company has formulated a complete set of "three points and one line" nickel-cobalt material products, production capacity and industrial chain comprehensive development strategy.That is to say：

        ——Set up the company's "Headquarters R & D and production base" covering an area of 755 mu in Meishan High-tech Industrial Park near Chengdu

        ——Set up a "coastal deep Processing base" in Tieshan Port, Beihai City, which covers an area of 3,700 mu, of which 695 mu is used for the construction of the world's first set of nitric acid pressure treatment laterite nickel ore project (3 standard lines for handling 1.17 million tons of dry base laterite nickel ore per year) and supporting two 150,000 tons special dock berths with an annual handling capacity of 50 million tons;

        ——In the Philippines and other Southeast Asian countries, a "hydrometallurgical base" with an annual processing capacity of 58.5 million tons of dry base of "brown iron laterite nickel ore" has been established.

        Relying on the world's first first-class hydrometallurgical technology, and through the construction and operation of the "three points and one line" nickel-cobalt production capacity and industrial chain lasting 8 years with a total investment of 141.6 billion in phase 1-3, Shunying Material Company will eventually produce nickel-cobalt materials and become a world-renowned supplier of high-grade iron concentrate. At that time, the company will process 62.01 million tons of dry base brown iron laterite nickel ore annually (including 58.5 million tons in the Philippines and 3.51 million tons in Tieshan Port in Guangxi), and produce 533,900 tons of primary nickel metal (the average nickel content of dry base brown iron laterite nickel ore is 0.93%, and the total recovery rate of nickel metal is 94%. The same below), 55,200 tons of primary cobalt metal (the average cobalt content of dry base brown iron type nickel ore is 0.095%, the total yield of cobalt metal is 95%, the same below), the total iron content of more than 60% of iron concentrate 49.98 million tons, highly active magnesium oxide 4.88 million tons, scandium aluminum hydroxide 4.27 million tons, crude manganese products 110,000 tons. At that time, the total production capacity of core products such as ternary precursor and primary nickel-cobalt metal (including nickel-cobalt hydroxide and electrolytic nickel-cobalt) of Shunying Material Company will rank first in China and first in the world respectively in the next 5-8 years. At the same time, the annual supply of high-grade iron concentrate with iron content of more than 60% produced by the Shunying Material Company will also enter the top 8 iron ore suppliers in the world and the top 2 iron ore suppliers in China; In 2029, the annual sales scale of the company will exceed 120 billion yuan, and the annual net profit will exceed 40 billion yuan.