On June 21, the Hungary high-nickel ternary cathode materials green intellectual manufacturing project ushered in an important node - the main cathode main plant carried out the first lifting work of the main frame, and the lifting of the two main frame columns was completed in position, marking that the construction of the main plant was transferred from the foundation project to the superstructure project, formally opening a new chapter of the main plant construction. The construction progress of the project has taken a solid step forward.

▲Site of column

As the first industrial project invested by Huayou in Europe, the first cathode factory constructed and the first smart manufacturing base planned, the Hungarian Green Smart Manufacturing Project of High-Nickel Cationic Materials is the key action of Huayou's high-level opening up, the key path of internationalization operation, and the key initiative of high-quality development.

▲2023.6.21 Project Official Announcement Ceremony Site

From June 21, 2023 to June 21, 2024, from the official announcement of the project, the signing of the project to the commencement of piling and column construction on site, the European base has opened up a new situation for the project landing after one year's hard work and made remarkable progress.

During the year, staffs in European base carried out the spirit of "Constantly Strive to Become Stronger and Pursue Excellence", and realized a number of key breakthroughs: PEIA permit in November 2023, piling work in December, SEVESO permit in May 2024, EIA/IPPC permit, BP building permit and so on. The application time of project is 1-2 months shorter than the original plan, which fully demonstrates "Huayou's speed".

▲Site of Piling Ceremony

▲The Substation Foundation Construction

▲Arrival of Prefabricated parts

▲Site of Main Frame Columns

Actively practicing the investment philosophy of “Wherever we invest, we must contribute to the local economy and society”, we donated the Children's Playground and formally handed over to the local municipal government to put it into use in May 2024, aiming to provide all-around support and help for the growth of children; on the 75th anniversary of the establishment of diplomatic relations between China and Hungary, as a high-level volunteer on a state visit, we assisted the delegation of the Embassy in Hungary to complete all the service and security work with high quality.

▲Opening Ceremony of Children's Playground

▲Chinese and Hungarian Visit Volunteers

▲Safety Information Session

▲Support the Celebration of Ács City

In recent years, the certainty of new energy market has been further enhanced. As the first Chinese cathode material manufacturing plant formally constructed in Europe, we will continue to adhere to the development concept of "Innovation, Coordination, Openness, Green and Sharing". Through advanced process design, low-carbon intelligent manufacturing technology and high-standard ESG management, we will realize the green, sustainable and high-quality development of the plant, make the project a benchmark project for new energy lithium batteries, and insist on making progress in a stable manner and seeking victory in progress, so as to contribute more to Huayou's internationalized layout and high-quality development.