Huitian New Materials announced that the wholly-owned subsidiary Hubei Huitian New Materials Co., Ltd. plans to invest about 126 million yuan in self-financing to build a lithium battery electrode adhesive project with an annual output of 72,000 tons. The project mainly constructs 1 water-based acrylic adhesive plant and 2 Class A warehouses. Public works and auxiliary facilities rely on the company's existing installations. After completion, the project will have an annual production capacity of 72,000 tons of lithium battery electrode adhesives. The construction period is about 12 months.

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