mrbeastpoker| Xinzhoubang (300037.SZ): Plans to build a battery chemicals project in Louisiana, USA

Gelonghui May 21 丨 Xinzhoubang (300037)(300037mrbeastpoker.SZ) announcedmrbeastpoker, plans to be established as a wholly owned company CapchemTechnology USAIncmrbeastpoker. (referred to as "New State of America") or other newly established holding companies are the implementation entities to build a battery chemical project in Louisiana, the United States. Construction content: Annual output of 200,000 tons of carbonate solvent and 100,000 tons of lithium-ion battery electrolyte. The total investment of the project is approximately US$350 million. The specific amount will be determined based on the feasibility analysis and application and approval of the project.

Recently, the New York State of the United States and the Louisiana State Government signed a contractmrbeastpokerThe "Tax Relief Agreement" was approved. The main content of the agreement is: based on the company's preliminary investment plan, Louisiana agrees to provide industrial tax exemptions, infrastructure construction subsidies, high-quality employment plans, etc. on the premise that the project meets employment and other conditions. A series of incentive plans. Among them, regarding the industrial tax exemption incentive plan, the local government provides partial tax exemptions for this project for up to 10 years, with an estimated total value of US$71.3 million. The final incentive amount will be based on the actual investment situation.