Yetop Energy Group has been engaged in R&D and production of fine chemical raw materials, photoelectric materials, energy metal materials, etc., for 23 years since 1997. Sichuan Shunyong Power Battery Material Co., Ltd. invested by the Asian Crown Energy Group will be established in Chengdu Meishan General Plant, Beihai Tieshan Port Coastal Deep Processing Base, and Acid Leaching Hydrometallurgy Base in the Philippines in the next 8 years and through Phase 1-3. "Three points and one line" products, production capacity and industrial chain system. The "acid pressurized cascade leaching purification technology" exclusively owned by Concord Materials has passed the first innovation verification of the Ministry of Science and Technology, the National Metallurgical Industry Association (formerly the Ministry of Metallurgical Industry) and Beijing University of Science and Technology jointly initiated by 7 national The appraisal and appraisal participated by the academician confirmed: "This technology is the world's first, the world's leading, has great market promotion potential, and will have a significant impact on the stainless steel and nickel-cobalt material industries". At present, the company has applied for 56 invention patents to the country. .

According to the company’s mid- and long-term development plan, the company’s total production of nickel and cobalt metals and power battery-grade ternary precursor materials will be established after the “three points and one line” current production capacity and industrial chain are completed in the next 5 and 8 years. Ranked No. 1 in China and No. 1 in the world. The nickel-cobalt series raw materials produced by the innovative technology exclusively owned by Concord Materials will be 30%-50% lower than the current mainstream market cost, and the production process of Concord Materials is a zero-emission, circular and environmentally friendly economy. Therefore, in the next 8 years, Concord Materials' exclusive wet purification technology will promote the company's explosive growth and high profits.

At the same time, Yawang Energy Group also invested in the "pyrometallurgical materials" supporting project in Liangshan, Sichuan, where hydropower resources are extremely rich, Dechang Yawang Metal Materials Co., Ltd.; invested in "organic chemical raw materials" in Hunan Yueyang National Chemical Park Supporting project—Hunan Yetop Pharmaceutical Technology Co., Ltd.

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