Recently, Snow Wave Environment and Lanzhou Baohang New Energy Materials Co., Ltd. officially signed the "Lanzhou 100,000 tons of negative material project granulation area pneumatic conveying line equipment contract" and "Lanzhou 100,000 tons of negative material project 104 finished product area Pneumatic conveying system contract", the total contract price of 50,053,923 yuan (excluding tax).

Lanzhou Baohang New Energy Materials Co., Ltd. is wholly owned by Baowu Carbon Industry, located in Qinchuan Park, Lanzhou New District, Lanzhou City, Gansu Province, is an important part of China Baowu Iron and Steel Group Co., LTD. "One base five yuan" strategic new material industry. Lanzhou Baohang is committed to the development of carbon-based new material industry, the cooperation project will build the largest negative material production base in western China - Baowu Carbon Industry 100,000 tons of full process integrated negative material Lanzhou New Area production base, snow wave environment to provide its pneumatic conveying system and complete sets of conveying equipment. The project can effectively fill the gap in the field of battery negative material industry in Gansu, and has important significance and leading role in accelerating the development of new energy industry in western China and promoting regional economic transformation and upgrading.

The signing of the project lays a solid foundation for the realization of the company's annual business objectives in the metallurgical sector, further enhances the company's influence in the new energy field market, and shapes the company's good brand image.