Titan Chemical: Subsidiary plans to invest 5.462 billion yuan in the construction of a 600,000-ton precursor project.

Titan Chemical announced that the company will hold a board meeting on August 11, 2026, to review and approve the proposal for the construction of a 600,000-ton annual production capacity [lithium iron phosphate/sodium iron phosphate] precursor project by its wholly-owned subsidiary, Gansu Oriental Titanium Industry. The project will be carried out in two phases, with a total investment expected to reach 5.462 billion yuan, funded by its own and self-raised capital. The project construction site is located in the Yindong Industrial Park of the Baiyin High-tech Zone, with the first phase expected to be completed and put into use within 18 months, while the second phase will be decided based on the situation. This project is expected to enhance the company's competitiveness, but there are risks related to implementation, financing, and profitability.