Zhitong Finance App News, Suotong Development (603612.SH) issued an announcement. The company and Geely Baiguang Group Co., Ltd. (“Geely Baiguang”) signed the “List of Investment Terms of Suotong Development Co., Ltd. and Geely Baiguang Group Co., Ltd. relating to Tiandongbai Mining Sanda Carbon Co., Ltd.” According to the list of investment terms, the company and Geely Baiguang plan to jointly build a 600kt/a pre-baked anode carbon project in Tiandong County, Baise City, Guangxi Zhuang Autonomous Region to meet the pre-baked anode needs of Geely Baiguang and some high-quality customers in the southwest region.