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The 25th National \"Safety Production Month\" in 2026: Everyone Talks About Safety, Everyone Knows How to Respond to Emergencies – Identifying and Rectifying Risks and Hazards -------------------------------------------------- I. Project Overview 1. Developer: Yichang Bampu Recycling Technology Co., Ltd. 2. Location: Within the existing factory area in Zone B of Yaojiagang Chemical Park, Yichang City 3. Nature of the project: Renovation and expansion project 4. Total investment: Approximately 1.066 billion yuan 5. Capacity after completion: Ability to process 300,000 tons of used lithium iron phosphate battery packs per year; An additional 22,500 tons per year of lithium carbonate and 90,000 tons per year of iron phosphate will be produced. The recycled materials include retired lithium iron phosphate power battery packs, modules, individual cells, black powder, electrode sheet powder, and more. 6. Main construction contents – New constructions: M175 lithium salt workshop, 188# LFP synthesis workshop, A168B water treatment station ; - Modifications: Disassembly of the M192 battery pack, crushing in M187, slurry preparation from powder in M181, leaching and impurity removal in M174, and a workshop in M188 – a total of 5 existing buildings ; - A complete set of systems for wet leaching, purification, synthesis, storage and logistics, as well as environmental protection water treatment, is built to support coordinated production using the existing 160 leaching workshops in the plant. 7. Core process: Utilizing Bump’s DRT directional circulation technology, the comprehensive lithium recovery rate can reach 96.5%, while phosphorus and iron are simultaneously recovered to produce battery-grade ferric phosphate. 8. Progress of preliminary procedures: The first public announcement regarding the environmental impact assessment was issued in April 2026, and the Yichang Environmental Protection Bureau published a draft of the environmental impact assessment report for public comments in June 2026. II. Bidding Information 1. Bidding entity: Yichang Bangpu Recycling Technology Co., Ltd. organizes the bidding process on its own or entrusts a third-party bidding agency to carry out it. 2. Tendering categories that have been launched (available through public channels) – Environmental impact assessment technical services tendering (Hubei Junbang Environment won the bid for the preparation of the environmental impact assessment) ; - Tender notices for various sections such as workshop civil engineering, steel structure construction, equipment installation, water treatment systems, automated production lines, anti-corrosion works, and utility systems (circulating water, power supply, fire protection) will be issued in batches over time ; - The procurement of complete sets of equipment for waste battery dismantling and hydrometallurgical recycling is a key high-value tender item. 3. Bidding characteristics: The project involves renovation and expansion within the factory premises, with a large number of renovation works being bid for separately from the new construction works ; Equipment bidding favors mature process equipment within the Bumpo system, while also inviting external suppliers of environmental protection and automation solutions ; The bidding platforms mainly include the China Public Bidding Service Platform, Industry Bidding Network, and CATL’s internal procurement platform. 4. Current stage (as of June 2026): The environmental impact assessment is under public disclosure; tenders for civil engineering and process equipment are being issued in batches, while bids for some preliminary temporary construction and survey design tasks have already been finalized. III. Construction Status 1. Pre-construction requirements: Completion of the environmental impact assessment public notice, acquisition of the official approval for the environmental impact assessment, and obtaining construction permits before commencing work on site ; At the current stage, the main activities include site surveying, preliminary preparations for the demolition and renovation of the old workshop, and the construction of temporary facilities. 2. Construction mode: The EPC general contracting plus specialized subcontracting approach is adopted, with civil engineering, steel structure construction, equipment installation, and environmental protection works being carried out by separate contractors, under the owner’s supervision throughout the entire process. 3. Construction challenges: The factory operates continuously during renovation and expansion; pipelines, logistics systems, and water treatment systems in the old and new workshops must be constructed simultaneously. It is necessary to ensure proper separation between production activities and construction work, as well as to implement effective controls for hazardous waste and carry out specialized measures for corrosion and leakage prevention ; The construction standards for anti-corrosion measures in wet process workshops and structures for treating heavy metal wastewater are stringent. 4. Schedule planning: Large-scale civil construction will commence after the environmental impact assessment is approved. The planned construction period is approximately 18–24 months, and after completion, trial production with material input will be carried out in phases. 5. Safety and environmental protection controls: As a hazardous waste recycling project in a chemical industrial park, special plans for leak prevention, exhaust gas collection, and temporary storage of hazardous waste are strictly implemented throughout the construction process, with on-site supervision by the park authorities and environmental protection departments. IV. Significance of the Project 1. Significance of an industrial closed loop: Once this project is put into operation, together with the existing recycling capacity within the factory complex, it will complete the entire life cycle industry chain in the Yichang Bampu Integrated Industrial Park – from phosphate rock to iron phosphate, to lithium iron phosphate, to power batteries, and finally to the recycling of used batteries. The lithium carbonate and iron phosphate produced in this way can be supplied directly to Bampu Era’s cathode material production lines within the park, thereby reducing reliance on external raw material purchases and enabling self-sufficiency through resource recycling within the park. 2. Resource security and strategic significance: The volume of used lithium iron phosphate power batteries in China is increasing rapidly year by year. Large-scale recycling of such batteries enables the extraction of key resources such as lithium, phosphorus, and iron from them, thereby reducing the need to extract these resources from natural mines. This helps to lower China’s dependence on imported raw materials for lithium-ion batteries, creates \"urban mines,\" and ensures the security of the supply chains in the new energy industry. 3. Significance for green, low-carbon environmental protection: Compared to the smelting of virgin minerals, the energy consumption and carbon emissions associated with recycling and producing battery materials are significantly reduced ; The project is equipped with high-standard facilities for water treatment, solid waste management, and exhaust gas treatment, enabling closed-loop control of heavy metals. It helps mitigate the environmental risks associated with decommissioned lithium iron phosphate batteries, thereby facilitating the implementation of the extended producer responsibility system in the power battery industry. 4. Significance of regional economy and industrial clusters: The project is located in the Yaojiagang Chemical Park in Yichang, which helps to reinforce Yichang’s leading position in the domestic battery recycling industry. It promotes the development of related industries such as equipment manufacturing, logistics, and environmental protection, creates job opportunities, and enhances the overall competitiveness of Hubei Province’s new energy battery industry. 5. Industrial and technological demonstration significance: The project has achieved the industrial-scale, efficient recycling of all components of lithium iron phosphate. It provides a replicable, scalable, and economically viable recycling solution for the vast number of retired lithium iron phosphate power batteries in China. This promotes the standardization and high-quality development of the power battery recycling industry, thereby contributing to the attainment of the “dual carbon” goals.