On January 18, 2022, Suining Chengxin held the commissioning ceremony, and the annual output of 30,000 tons of lithium hydroxide project was officially ignited and launched, and entered the trial production stage. 

In October 2020, Chengxin Lithium signed an investment agreement with the Management Committee of Shehong Economic Development Zone in Sichuan to invest and construct an annual output of 30,000 tons of lithium hydroxide project in Shehong city, which is one of the key projects supported by the local government. At the end of 2020, the project started construction. After a year of construction, it has built a domestic first-class and international leading lithium hydroxide production line. 

Since the project started construction, the project team has strictly controlled every link, scientifically organized and deployed, refined management and standardized construction. All the work has been carried out in an orderly manner, and there is no disconnection between each other. By the end of December 2021, the project will be fully concluded. At the same time, in the construction process of the project, the advanced equipment and technology in the industry are fully used, and a number of optimizations are made on the basis of Zhiyuan Lithium to ensure the advanced and forward-looking production equipment and process technology of the project. 

Suining Chengxin 30,000 tons lithium hydroxide project is an important layout of the strategy of expanding the capacity of lithium salt of the company. The completion and operation of the project has increased the capacity of lithium salt of the company to 70,000 tons per year, and greatly improved the capacity scale and industry status of the company. At the same time, learning from the production experience of Zhiyuan Lithium, Suining Chengxin project is expected to achieve production quickly, helping the company's lithium production to hit a new high.