Zhitong Finance App News, Tianqi Lithium (002466.SZ) announced that Tianqi Lithium (Shehong) Co., Ltd. (hereinafter referred to as “Shehong Tianqi”), a wholly-owned subsidiary of the company, plans to subscribe to Sunwoda Power Technology Co., Ltd. (hereinafter referred to as “Sunwoda Power”), Sunwoda Huizhou Renewable Energy Co., Ltd. (hereinafter referred to as “Huizhou Sunwoda”), Wang Mingwang, and Wang Wei signed the “Sunwoda Power Technology Co., Ltd.” with 150 million yuan of its own capital to subscribe for additional Sunwoda 792 shares 181,000 shares.

Sunwoda Power is a world-leading comprehensive new energy technology enterprise integrating production, marketing and research of batteries, modules, power management systems (BMS) and battery packs (PACK). It is committed to providing scenario-based power batteries and energy storage solutions. Shehong Tianqi plans to subscribe for additional shares in Sunwoda Dynamics as a strategic investor, in line with the company's vertical integration development strategy and upstream and downstream linkage development trends in the industrial chain.

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