Wanshun New Materials' 100,000-ton annual power and energy storage battery foil project delayed

Wanshun New Materials (300057.SZ) recently issued an announcement, announcing that its annual production of 100,000 tons of power and energy storage battery foil project will be postponed. The project was originally planned to reach the scheduled usable state on November 30, 2024, but due to geological conditions and power supply issues, the project progress has been delayed. The new plan is to reach the scheduled usable state before December 31, 2025. The project is located on Yinghua West Road, Suixi Economic Development Zone, Anhui Province, and is implemented by Anhui Zhongji Battery Foil Technology Co., Ltd.