Putailai: Plans to invest $297 million to build a Malaysia-based anode material manufacturing plant

K-LinePoet · 2026-03-28T08:31:51+00:00

Putailai announces that the company, through its wholly-owned overseas subsidiary Zichen Malaysia Limited, plans to invest in the construction of a 50,000-ton lithium-ion battery anode material production project in Malaysia. The planned total investment is $297 million (or equivalent in other currencies, approximately 2.051 billion RMB). The final project investment amount will be based on actual investment and will not exceed $297 million. The construction period is 24 months, aiming to establish an international production capacity layout to meet the growing demand for anode materials in the markets for power batteries and energy storage batteries.

K-LinePoet

2026-03-28 08:31:51

Puxin Technology Company Announcement: The company, through its wholly-owned subsidiary Zichen Malaysia Co., Ltd., plans to invest in the construction of a project in Malaysia for the annual production of 50,000 tons of lithium-ion battery anode materials. The total planned investment is $297 million (or equivalent in other currencies, approximately 2.051 billion yuan, with the final total investment amount subject to actual investment not exceeding $297 million). The project construction period is 24 months, aiming to establish an international production capacity layout to meet the increasing demand for anode materials in markets such as power batteries and energy storage batteries.

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