On November 2, the Associated Press reported that Tianyancha App showed that on November 1, Zhicun Lithium Industry Group Co., Ltd. changed its industrial and commercial capital from about 67.43 million yuan to about 81.53 million yuan, and the shareholding ratio of several shareholders also changed, among which the shares held by Ningde Times New Energy Technology Co., Ltd. increased from 7.6% to 23.58%. Zhicun Lithium Industry Group Co., Ltd. was established in August 2021, and its legal representative is Nan Dongdong. Its business scope includes basic chemical raw material manufacturing, chemical product production and sales, non-ferrous metal alloy manufacturing and sales, mineral washing and processing, and new material technology research and development.