Enjie Co., Ltd.: Terminate investment and construction of lithium battery separator film project in Malaysia

Enjie Co., Ltd. announced that on May 22, 2026, the sixth session of the fifth board of directors was held, and it approved the "Proposal on Terminating the Investment and Construction of the Lithium Battery Separator Film Project in Malaysia," deciding to terminate the investment in the lithium battery separator film project by the controlling subsidiary Shanghai Enjie through the establishment of a new subsidiary in Malaysia.
The original plan was to build a production capacity of approximately 1 billion square meters per year, with a total investment of about 2 billion RMB.
The reason for termination is the changes in the external market environment and industry competition pattern.
The company has decided to adjust its investment strategy to optimize resource allocation and reduce risks.
Currently, the project has not yet been constructed or invested in, and the adjustment will not have a significant adverse impact on the company's financial position and operating results.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned