On January 11, Shangtai Technology released an announcement detailing that, in response to shifts in land conditions and the competitive market landscape, the company decided on January 9 to realign the investment plan for its wholly-owned subsidiary. The adjustment involves selecting more suitable land for the integrated project aimed at producing 200,000 tons of lithium-ion battery anode materials annually, while also making commensurate modifications to the construction specifics and investment budget.
