Public Notice of the Filing of the 2000-ton Lithium Hexafluorophosphate Renovation and Expansion Project of Hubei Benxing New Energy

On May 25, the annual production of 2,000 tons of lithium hexafluorophosphate renovation and expansion project of Hubei Benxing New Energy Materials Co., Ltd. completed the filing and publicity on relevant websites. Relying on existing production capacity to implement technical transformation, upon completion, the company's total production capacity of lithium hexafluorophosphate will increase to 5,000 tons/year, further consolidating its market position in the field of lithium battery materials. The following is the core information of the project:

I. Project Basic Information

Project Name: 2,000 tons of lithium hexafluorophosphate renovation and expansion project

Construction Entity: Hubei Benxing New Energy Materials Co., Ltd.

Construction Location: Suizhou High-tech Zone, Suizhou City, Hubei Province

Total Investment: 30 million yuan

Construction Nature: Technical transformation and others

II. Construction Content and Scale

This renovation and expansion does not involve adding new land; it fully utilizes the company's existing infrastructure such as the production workshop and warehouse with an annual capacity of 3,000 tons of lithium hexafluorophosphate. The project adopts self-developed optimized processes and automated control technology, adding more than 30 sets of key equipment and facilities such as reactors and storage tanks, to improve production efficiency and product purity through process upgrades and intelligent equipment transformation.

After the project is completed, the annual production capacity of lithium hexafluorophosphate will increase by 2,000 tons, and the company's overall annual capacity will increase from 3,000 tons to 5,000 tons. The products are mainly applied in fields such as power batteries, energy storage batteries, and consumer electronics batteries.

III. Overview of Construction Unit

Hubei Benxing New Energy Materials Co., Ltd. was established in December 2021 and is located in the Chemical Industrial Park of Suizhou High-tech Zone. It is a core enterprise under the Benxing Group focusing on fluorine-based lithium battery materials. The company mainly produces core raw materials for lithium battery electrolytes, with flagship products including lithium hexafluorophosphate, phosphorus pentachloride, high-purity hydrofluoric acid, etc., possessing independent core production technology and multiple patents.

Relying on the advantages of the group's fluorine chemical full industrial chain support, the company's products are stably supplied to mainstream domestic electrolyte manufacturers. It is an important production base for the group's new energy materials sector, committed to building a domestic high-quality supplier of fluorine-based lithium battery materials.

IV. Industry Background and Significance

Lithium hexafluorophosphate is the core raw material for lithium battery electrolytes, known as the “blood” of lithium batteries. Its purity and stability directly determine the battery's energy density, fast-charging performance, and cycle life. Currently, with the rapid development of the global new energy vehicle and energy storage industries, the market demand for lithium hexafluorophosphate remains strong, and the industry boom maintains a high level.

The implementation of this renovation and expansion project will effectively enhance the production scale and market competitiveness of Hubei Benxing New Energy, help the domestic lithium battery industry chain and supply chain achieve self-control and controllability, and promote the high-quality development of the new energy materials industry cluster in Suizhou High-tech Zone.