Gronghui Huiyun Titanium Industry (300891.SZ) bid price limit on June 21. At present, nearly 150000 orders are sealed at 13.74 yuan, with a total market value of 5.49 billion yuan.
The company announced last night that it signed a "Project Investment Framework Agreement" with the people's Government of Yunan District of Yunfu City and Guangdong Guangye Yunshan Sulphur Mining Co., Ltd. to build a 10 billion investment scale new energy materials industry park, focus on investment in iron phosphate, lithium iron phosphate projects and supporting investment projects in upstream and downstream industries.
Among them, Huiyun Titanium Industry led an investment of about 6.2 billion yuan, focusing on iron phosphate, lithium iron phosphate projects and supporting investment projects in upstream and downstream industries. It is worth noting that with the expansion of production and landing of old players and new entrants, the supply of lithium iron phosphate is released, even the risk of overcapacity.