According to Dangsheng Technology, on July 8, Dangsheng Technology Holdings, a subsidiary of Dangsheng Technology Holdings, signed a green project financing arrangement totaling 514.4 million euros in Finland to support the construction of its cathode material production project in Kotka in southern Finland. The planned production capacity for the first phase of the project is 60,000 tons of cathode materials per year. The project is expected to supply battery manufacturers including LGES, AESC, SK On, etc.

According to Dangsheng Technology, on July 8, Dangsheng Technology Holdings, a subsidiary of Dangsheng Technology Holdings, signed a green project financing arrangement totaling 514.4 million euros in Finland to support the construction of its cathode material production project in Kotka in southern Finland. The planned production capacity for the first phase of the project is 60,000 tons of cathode materials per year. The project is expected to supply battery manufacturers including LGES, AESC, SK On, etc.