Batian Co., Ltd.: The company's current production process is not directly applied to waste battery recycling and extraction.

Securities Star News: Batian Co., Ltd. (002170) responded to investor questions on the investor relations platform on March 19.

Investor: Hello, I think your company’s technology is low-cost and environmentally friendly, with strong competitiveness. Currently, lithium iron phosphate accounts for a large proportion. Can your technology be used for battery extraction? Also, is the previously approved 2.9 million tons expansion project being built while producing, or does it need to be fully completed before production?

Batian Co., Ltd. Secretary of the Board: Hello, currently our production process is not directly applied to the recovery and extraction from waste batteries. The projects such as the Xiaogaozai phosphate mine expansion to 2.9 million tons are progressing normally.

Investor: Hello, Secretary, the company’s accounts receivable have increased significantly recently. Could you tell me whether the top five debtors are mainly fertilizer distributors or phosphate ore users? Do these customers have good repayment records? Thank you, I look forward to your reply.

Batian Co., Ltd. Secretary of the Board: Hello, the credit status of the company’s top five accounts receivable customers is good. Please refer to future annual audit reports for specific details. Thank you.

Investor: How is the construction of the company’s expanded phosphate mine going? Will it be able to start normal production in June? Thank you.

Batian Co., Ltd. Secretary of the Board: Hello, the Xiaogaozai phosphate mine expansion project to 2.9 million tons is under construction, and all work is progressing smoothly.

Investor: Based on the current production and operation situation of the company, is it possible to complete the 2026 equity incentive plan? Or how confident are you?

Batian Co., Ltd. Secretary of the Board: Hello, the company is making every effort to achieve the 2026 equity incentive assessment goals. Please refer to future annual audit reports for the specific completion status.

Investor: What are the new profit growth points for the company to achieve the 2026 equity incentive plan?

Batian Co., Ltd. Secretary of the Board: Hello, the main profit growth points in 2026 include phosphate mine expansion, iron phosphate capacity release, and high-value-added products such as high-purity phosphoric acid.

Investor: Is the second phase of the iron phosphate project under construction? Currently, the first phase is operating at full capacity and full sales, with supply exceeding demand. Thank you.

Batian Co., Ltd. Secretary of the Board: Hello, the second phase of the iron phosphate project is still in the process of optimization and planning. The first phase is currently increasing production and improving quality. Please refer to future announcements for details. Thank you.

Investor: Hello! May I ask how many shareholders the company has as of March 10?

Batian Co., Ltd. Secretary of the Board: Hello, as of March 10, 2026, the company had 68,994 shareholders.

The above content is compiled from public information by Securities Star and generated by AI algorithm (Network Information Backup 310104345710301240019). It does not constitute investment advice.