Huasheng Lithium Battery plans to invest approximately 40 million in Pustar to increase investment in silicon carbon anode materials

      On September 24, Huasheng Lithium Battery announced that the company plans to invest 39.999999 yuan in Jiangsu Pustar Environmental Protection Technology Co., Ltd. with its own funds and subscribe for the shares issued by Pustar at a price of 6.50 yuan per share.

After this investment, Huasheng Lithium will directly hold 6.1538 million shares of Pustar, with a shareholding ratio of 14.68%.

       Huasheng Lithium said that this investment aims to seize the demand for high-capacity anode materials in new energy vehicles and the opportunities of the rapid development of the energy storage market, further improve the company's industrial layout in the field of new anode materials for lithium batteries, and integrate the company and Pus Reach the advantageous resources in the field of silicon carbon anodes and strengthen the upstream and downstream integration of the industrial chain.

According to reports, the main business of Pustar, which plans to invest this time, is the R&D, production and sales of high-performance activated carbon, hard carbon, silicon carbon precursor porous carbon and other products.