On December 17, 2022 local time, Indonesia Shengtuo Lithium Energy Co., Ltd., a subsidiary of Shengxin Lithium Energy, and China Chemical Engineering Sixth Construction Co., Ltd. ("Sinochem Sixth Construction") jointly launched the opening ceremony of the fire section of the civil engineering and installation general contracting project for the joint production of 10000 tons of lithium carbonate with an annual output of 50000 tons of lithium hydroxide in Indonesia's Morovali Industrial Park. Chinese managers, Indonesian representatives, all managers of Sinochem Sixth Construction Project Department, representatives of construction team, translators and local Muslim elders attended the project commencement ceremony. Sinochem Liujian is mainly responsible for the construction tasks of the fire section of the first bid section. Xu Kun, the general manager of Sinochem Liujian, said in a speech that he would carry forward the spirit of "Iron Army" of Sinochem Liujian, with more firm confidence and higher fighting spirit, carefully organized and carefully arranged, accelerate the construction of the project, and build the project into a high-quality project and a high-quality project. Chen Leyun, deputy general manager of Indonesia Shengtuo Lithium Energy Co., Ltd., said in a speech that he will sincerely cooperate, forge ahead in unity, overcome difficulties, and ensure that the project is under the careful organization of Sinochem Sixth Construction, and the safe, efficient and high-quality construction has become a high-quality project in Indonesia. Shengxin Lithium Energy and Sinochem Sixth Construction have a grand plan and opened a new chapter in win-win! The 60000-ton lithium salt project of Shengtuo Lithium Energy in Indonesia is an important layout of Shengxin Lithium Energy's internationalization strategy and one of the largest lithium salt projects under construction overseas. It is expected to be completed by the end of 2023. The start of construction and smooth completion of the Indonesian Shengtuo lithium energy project will greatly enhance the ability of Shengxin lithium energy to protect and serve global customers.

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