Sichuan Zhiyuan Lithium Industry Co., Ltd. is a wholly-owned subsidiary of the company. It was established in March 2015. It is located in De'a Eco-economic Industrial Park, Mianzhu, Deyang City, Sichuan Province. It has a registered capital of 5 million yuan and is one of the key enterprises supported by local government. The company integrates research and development, production and sales of lithium salt products, and is determined to become the world's leading lithium battery material producer. The company's overall annual planned production capacity is 42,000 tons of lithium salt (25,000 tons of lithium carbonate, 15,000 tons of lithium hydroxide, and 2,000 tons of lithium chloride). The production capacity has been fully built by the end of 2020.