Sichuan Shengwei Lithium Industry Co., Ltd. is a holding subsidiary of the company. It was established in August 2017. It is located in the Lithium Battery Industrial Park of the Shehong Economic Development Zone, Sichuan, with a registered capital of 65 million yuan. It is regarded as a key new lithium battery material producer supported by local government. Shengwei Lithium integrates research and development, production and sales of lithium metal products. The main products include lithium ingots, lithium particles (sheets), lithium belts, and a series of metal lithium and lithium alloy products. Customers include companies of lithium batteries, aerospace, medicine, smelting and other industries. The first phase of 600tons of lithium metal with the first batch of 150tons was put into trial production in September 2020.