CNNC titanium white new energy battery business

On June 5, China Nuclear Titanium White announced that it signed a capital increase agreement with Zhaoqing Helinliya Technology Co., LTD and all its shareholders to increase the capital by 450 million yuan in stages. After the completion of this transaction, the company holds 75.385% of the equity of Helinliye, and Helinliye becomes the controlling subsidiary of the company and is included in the consolidated statements of the company.

Before the completion of this transaction, the main business of China nuclear titanium white is the production and sales of titanium white, ferrous sulfate and other chemicals, and is building iron phosphate, lithium iron phosphate and other new energy battery cathode material production line. After the completion of this transaction, the company's main business product line will be extended to power batteries, energy storage batteries, special power supply and other new energy battery products.

According to reports, He Lin Liyi is a high-tech enterprise focusing on the research and development, production and sales of lithium batteries, power battery systems and energy storage systems. At present, He Lin Liyi has a complete industrial chain of batteries, BMS and PACK and a number of patented technologies, and passed IATF16949 and ISO9001 certification in 2022.

China nuclear titanium white said, according to the strategic development plan, the company in the "14th Five-Year" period by building a green recycling industrial economy, to achieve the whole industry chain layout of "resources, chemical, new materials, new energy", while continuing to maintain the status of titanium dioxide industry, and strive to develop into a new energy enterprise with market influence.