According to the announcement of Titanium Energy Chemical, the company held a board meeting on August 11, 2026 to review and pass a proposal for the wholly-owned subsidiary Gansu Dongfang Titanium to invest in the construction of 600,000 tons of [lithium iron phospate/sodium iron phosphate] precursor project with an annual output of 600,000 tons. The project is being built in two phases, with a total investment of 5.462 billion yuan. The funding sources are owned and self-funded. The construction site of the project is Yindong Industrial Park, Baiyin High-tech Zone. The first phase is expected to be completed and put into use within 18 months, and the second phase will be decided according to the situation. The project helps strengthen the company's competitiveness, but there are implementation, financing, and profit risks.

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