Golden eagle plans to mass produce power batteries as soon as possible.

Golden eagle co., (600232) announced in the interactive platform on May 3, according to the national new energy subsidies policy adjustment and industry trends, the company's development strategy adjusts the positive materials for lithium iron phosphate products. Currently, the in-depth investigation is beginning, carefully invest in other positive electrode materials with broad market and competitive advantage, such as manganese acid lithium power battery with high energy density.

Manganese acid lithium power battery with its performance and cost advantage has a broad market space, the company on the product already have considerable accumulation, plans to mass production as soon as possible and put on the market.

Golden eagle co-main business including linen, wool, silk, spun silk complete sets of machinery and equipment, as well as the jute spinning, silk, weaving, dyeing, clothing, etc. In order to improve the level of profitability and sustainable development ability, golden eagle business transformation and upgrading shares since 2015, and become the key development direction in the field of new energy.

It is important to note that although the golden eagle coin 2015 began to layout new energy field, the process is not smooth, even a "no-show" appeared two times.

In January 2015, golden eagle shares were suspended the material assets reorganization announcement, the company in 2015 on April 2, and the dealing party signed a framework agreement, the proposed the ways to achieve equity acquisition, capital and Japanese corporation for a 90% stake, small Ohsawa energy research institute, 50% of the equity, including with small Ohsawa British resistance at the same time the company set up technical cooperation relations, for electric vehicle power battery (The ternary lithium battery) products such as research and development, production and sales.

In August 2015, golden eagle with his own company signed on the electric vehicle power battery (such as flake ternary lithium battery) battery project cooperation agreement.

In April 2016, golden eagle co, according to the announcement end with his own signed face to face on the electric vehicle power battery (such as flake ternary lithium battery) battery project cooperation agreement. Termination reason is: a, partners to provide equipment sales contract equipment price and the price of the company research there is a huge difference, serious harm the foundation of cooperation; Second, September 6, 2015, China's ministry of industry and information department issued the lithium battery industry standard condition, to the enterprise engaged in the lithium battery production put forward higher standards and strict requirements for admittance into industries and improve the threshold.

To terminate the cooperation agreement with Japan means golden eagle stock layout in the field of power battery failure, but the golden eagle didn't give up.

Announced in December 2015, golden eagle shares, according to company and Hunan Rui Xiang new materials co., LTD. Signed a strategic cooperation agreement, the two sides establish cooperation in two ways: one, jointly established Zhejiang golden eagle Rui Xiang material co., LTD., is engaged in the ternary cathode material in the research, production, marketing, planning and an annual capacity of 10000 tons;

Second, the company's intention in cash to no more than 3.5 yuan per share subscription Hunan Xiang endowment issued 30 million shares of equity.

In June 2016, golden eagle shares issued announcement, the company according to the actual situation, with Hunan Rui Xiang has carried on the friendly consultation, no longer subscribe Rui Xiang stake in Hunan, the other party expressed understanding and recognition.

And the golden eagle Rui Xiang first phase of the lithium battery cathode material project started formally put into production, it is golden eagle shares with Hunan Xiang cooperation projects in the field of ternary cathode material, is also a golden eagle stake layout made substantial progress in the field of new energy.

It is important to note that during the project construction of ternary battery anode materials, golden eagle shares also at the same time on the lithium iron phosphate cathode material project.

In December 2016, golden eagle shares announcement, to accelerate the implementation of the company's strategic transformation work, at the same time to adapt lithium-ion batteries development of the industry market trends, and the ternary lithium battery cathode material of the previous company investment project in the future on the varieties of complementary and synergy, the company to formulate new yearly produces 5000 tons of lithium-ion battery cathode material lithium iron phosphate project.

It is understood that the project total investment 195 million yuan, a phase of the production capacity of 2000 tons/year, by the Hebei Ann resistance to Zhe new energy technology co., LTD provides a full set of technology for golden eagle co for yearly produces 5000 tons of lithium iron phosphate cathode material projects and put into production early sales of the first batch of 700 tons.

Golden eagle stake in July 2017 in response to an investor asked that the lithium iron phosphate cathode material is, directly or indirectly for sales. Ternary cathode material project NCM532 and NCM622 successively will arrange the production, the company is actively promoting the project put into the production schedule.

The page contains the contents of the machine translation.