Blue Division Lithium in Salt Lake Group develops lithium carbonate together with Qinghai Buddha

Following yesterday's Foshan lighting disclosure subsidiary shares in Qinghai Salt Lake Blue Division Lithium Industry Co., Ltd., Salt Lake Group today also confirmed the cooperation. Salt Lake Group disclosed today that a wholly owned subsidiary of Salt Lake Technology, a subsidiary of Blue Division Lithium, intends to introduce new shareholders.　　After the transfer of the relevant equity, Salt Lake Technology holds 92.5 million yuan in the lithium industry of Blue Branch, accounted for 50% of the shares, Qinghai Buddha holding a 30% of the Blue Division lithium industry, Qinghai Power New Energy Materials Co., Ltd. in its possession of the "use of adsorbent for the production of particles and the implementation of this method of the device" related to the invention of patents, accounting for 20% of the equity. Salt Lake Group said the company has Chaerhan Salt Lake rich lithium salt resources and Blue Branch Lithium Company's existing lithium carbonate production equipment; Qinghai Buddha has the world's most advanced adsorption method brine lithium extraction technology and production experience; The two sides thus achieve complementary advantages in the new energy industry in lithium carbonate to seek common development.