The Annada iron phosphate project was completed and put into operation

On November 2, Annada announced that the 50,000 tons/year high-pressure solid iron phosphate project implemented by its holding company Tongling Anweining New Energy Technology Co.
, Ltd.
(hereinafter referred to as Anweining) has completed the main construction of the project, equipment installation and commissioning, and the trial production plan has been approved by experts and entered the production stage
.

According to the announcement, Anweining is a joint venture company jointly invested and established by Tongling Nayuan Material Technology Co.
, Ltd.
and Hunan Yuneng New Energy Battery Materials Co.
, Ltd.
, a subsidiary of Anada Holdings, with a registered capital of 120 million yuan, mainly engaged in the research and development, production and sales
of iron phosphate.

Annada said that Anweining's 50,000 tons/year high-pressure solid iron phosphate project has been completed and put into production, and the products have been recognized and used
by customers.
Subsequently, the company will further optimize the operation of the device to make the plant stable and productive
as soon as possible.
After the project officially reaches production, the company's total iron phosphate production capacity will increase to 100,000 tons/year
.