FilingReader Intelligence
Dowstone pauses $250m projects amid strategic shift
August 12, 2025 at 05:19 PM UTC•By FilingReader AI
Guangdong Dowstone Technology paused its "Annual 100,000-Ton Ternary Precursor Project" and "Dowstone New Energy Circular Research Institute Project" worth RMB 1.7 billion and RMB 99 million respectively.
The company had invested RMB 32 million in the precursor project as of June 30. The decision reflects a strategic shift toward solid-state battery materials.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:300409•Shenzhen Stock Exchange
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