Zhongke Electric Plans RMB 2.4 Billion Private Placement for Anode Project
Zhongke Electric announced on August 25, 2026, that it plans to raise up to RMB 2.4 billion through a private placement. The proceeds will be used for the Sichuan Zhongke Xingcheng integrated construction project with an annual output of 300,000 tons of lithium battery anode materials, and to supplement working capital. The announcement specifies the scale of the proposed placement and the intended use of funds, with the project aimed at expanding the company's production capacity for lithium battery anode materials.
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