Recently, news from related authorities of Meishan in Sichuan said that Ganmei Industrial Park signed a project investment agreement with Tianjin B&M Science and Technology Joint-stock Co., Ltd. in Tianjin, and planned to build lithium battery materials production base in Meishan. It is predicted that the projectwith total investment RMB3 billionwill realize annul output value more than RMB5 billion after completely constructed and put into production.