On August 8, New Zebang (300037.SZ) issued an announcement saying that the company intends to use the holding subsidiary of Fujian Hydeford (tentative name, subject to industrial and commercial registration) as the project implementation entity, with an annual output of 15,000 tons invested in construction High-performance fluorine material project. The project is implemented in Jintang Industrial Park, Shaowu City, Fujian Province. The project is expected to have a total investment of about 1 billion yuan in two phases. The first phase will cost about 500 million yuan, with a construction period of 2 years. Production will gradually start in the fourth quarter of this year; the investment for the second phase is about 500 million yuan, and construction is expected to begin two years after the first phase is put into production.
New Zebang stated that high-end fluorochemicals are one of the company's three major strategic business developments, and the company focuses on the existing wholly-owned subsidiary Hassford Fluorine product industry chain layout. The company's foreign investment in the production of high-performance fluoromaterial products is conducive to forming a complementary supply of special raw materials with Haysford; perfecting and enriching the existing fluorochemical product varieties, laying a better foundation for the entire group to produce high-end fluoropolymers .
On the same day, another announcement issued by New Zebang stated that the company intends to use Hunan Fubang (a tentative name, subject to industrial and commercial registration) as the project's main body for project implementation. Project to produce 2,400 tons of lithium bis (fluorosulfonyl) imide (LiFSI). The project implementation location is in Songyang Industrial Park, Hengyang, Hunan Province. The estimated total investment of the project is 490 million yuan, of which the estimated investment for the first phase of the project is 200 million yuan. The first-stage construction capacity is 800 tons / year of LiFSI, and the construction period is 2 years. It is expected to be put into production in the third quarter of 2020.
According to this announcement, since the establishment of Boflu Technology two years ago, through the efforts of R & D personnel, it has completed the pilot test of LiFSI products, fully grasped the industrialization technology of the product, and obtained certification from some important customers of the company, and passed Shenzhen. Expert identification of city organization. Due to the existing pilot plant of Boflu Science and Technology Co., Ltd., Boflu Tech intends to carry out industrialization after the successful completion of the pilot plant. As a company specializing in lithium ion battery electrolyte chemicals, New Zebang is full of confidence in the new energy industry and the project. In order to seize market opportunities, the project needs to choose another site and build an industrialized production base.