[China Road and Bridge signed a contract for the Indonesian power project] Recently, China Road and Bridge Corporation successfully signed a commercial contract for the installation of Indonesia's Golden Eagle Dalai Gan Self owned Power Plant. This is another new breakthrough for the company in deepening its industrial supporting projects in the Indonesian market, following the signing and successful implementation of the civil construction contract for the power plant last year. The project is located on Dalaikan Island, North Kalimantan Province, Indonesia. The contract mainly includes the installation of boilers and main plant steel structures, steam turbine generator units, high-pressure pipelines, medium and low-pressure pipelines, coal conveying systems, ash removal systems, water treatment systems, electrical systems, fire protection systems, etc., and cooperation with system debugging and complete startup work. Editor/Ma Xue

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• 2025.12.16 17:46
• [Kaisheng New Materials suspends 550 million yuan lithium battery material project]
• On December 10, 2025, Kaisheng New Materials (301069. SZ) announced the suspension of the implementation of the "10000 tons/year new lithium salt project for lithium batteries" with a total investment of 550 million yuan, and will re evaluate the project's market returns. This project is the core project of the company's convertible bond fundraising in 2023, intending to produce high-end lithium battery material LiFSI. As of now, it has not started construction and has not invested in fundraising. The announcement pointed out that the main reason for the suspension is that the new energy industry is in a period of adjustment, with frequent iterations of lithium battery technology and drastic market changes, coupled with the pressure of overcapacity in the industry. The company has made prudent decisions to avoid resource waste and improve the efficiency of fundraising. This adjustment has been approved by the board of directors and independent directors, and the sponsor Southwest Securities has no objections. It will not have a significant impact on the company's existing production and operation.Editor/Bian Wenjun

• 2025.12.16 17:45
• [650 million yuan silicon carbon anode project signed contract in Sichuan]
• On December 11, 2025, at the signing ceremony for key projects in the fourth quarter of 2025 in the Yantan District of Zigong, Sichuan, Luoyang Ronghui Chemical Technology Co., Ltd. officially signed a contract for the annual production of 2000 tons of silicon carbon negative electrode materials with an investment of 650 million yuan, and settled in the South Sichuan New Materials Chemical Industrial Park in Zigong. This project focuses on the production of high-quality new silicon carbon negative electrode materials, which will break through the technological bottlenecks of high investment, high energy consumption, and poor stability in traditional processes, and promote the extension of the park from fluorine silicon basic materials to high value-added terminal materials. After the project reaches full production capacity, it is expected to have an annual output value of about 800 million yuan, providing key material support for new energy fields such as power batteries and energy storage. At the same time, it will help improve the "salt chlor alkali chemical fluorosilicon new materials" industry chain in the coastal areas and strengthen the competitiveness of the new materials industry cluster in southern Sichuan.Editor/Bian Wenjun