In order to further strengthen the transformation and upgrading of the phosphorus chemical industry and the extension of the industrial chain, the board of directors of Huaye Group deeply explored the new energy lithium iron phosphate cathode material industry during the 13th five-year Plan period, taking advantage of the partnership advantages of the downstream industrial chain of phosphorus chemical industry for many years. at the same time, it has carried out "industry-university-research" cooperation from phosphorus chemical products to lithium iron phosphate materials with key domestic scientific research institutions through multiple channels and in depth. In 2021, Huaye Group will actively respond to the call of the Party committee and government, deeply learn to understand the policy guidance, analyze and judge the industry situation, focus on the implementation of new energy, new materials project investment and construction, to help Yuxi local phosphorus chemical industry transformation and upgrading of high-quality development.

In December 2021, Yunnan Yeyang New Energy Materials Co., Ltd. was formally established, specializing in the production of nano-lithium iron phosphate cathode materials and new phosphate series electronic materials. The products are widely used in the production and manufacturing of lithium iron phosphate power battery materials and energy storage battery lithium battery materials.

In March 2022, Yeyang, Yunnan Province, with an annual output of 150000 tons of nano lithium iron phosphate cathode material production project, landed in Longquan Industrial Park, Yuxi High-tech Zone, with a total investment of 3.2 billion yuan, a project output value of about 21 billion yuan, and a project profit and tax of about 1.05 billion yuan per year. The project will drive the employment of 1000 people.

With the vigorous development of the global new energy lithium battery industry and the country's attention and support to new energy and new materials, under the correct leadership and wise decision-making of party committees at all levels, Yunnan Yeyang New Energy Materials Co., Ltd. seizes development opportunities. Broaden the industrial layout and focus on lithium-ion battery phosphate series materials, the production, research and development, sales of nano-lithium iron phosphate cathode materials, phosphate electrolyte materials, lithium PACK battery pack battery core materials, and the recycling and reuse of lithium iron phosphate batteries are the company's business development direction, focusing on the company's strategic development goals such as the production, research and development and operation of nano-lithium iron phosphate cathode materials and new phosphate series electronic special materials, as well as the construction of core technology intellectual property rights. The company adheres to scientific and technological innovation as the forerunner, focuses on technology research and development, process optimization and product performance improvement, and is committed to establishing a complete technology research and development and product development system. forge a team of talents with strong sense of innovation, good business ability and high professional quality, with the help of professional technology accumulation and forward-looking industrial layout, establish the development position of the company's new energy lithium battery industry, create high quality products for users, and create a high happiness platform for the team, create high-value reports for investors and create low-carbon and environmentally friendly new energy for life.