In 2016, together with Juhua Co., Ltd. ( 600160 )， shanshan Co., Ltd(600884). increased a capital of RMB 120 million to Quzhou shanshan to build a new project of lithium ion battery electrolyte and lithium hexafluorophosphate (LiPF6). The project investment is about RMB 1 billion and covers a size of 223mu, with a capacity of electrolyte 50000T and LiPF6 2000T annually, part of which has been put in to operation.
