[Binhai Energy: Plans to jointly invest with the controlling shareholder to establish an anode material project company] On October 9, Binhai Energy (000695.SZ) announced that the company plans to jointly invest with the controlling shareholder Xuyang Group to establish Shangdu Xuyang New Energy Co., Ltd. with a registered capital of 1 billion yuan, of which the company subscribes 515 million yuan, accounting for 51.5%. The new company is planned to be used to build anode material integration and supporting green power projects, which will help accelerate production capacity expansion. The transaction constitutes a related transaction, which has been reviewed and approved by the board of directors and still needs to be approved by the shareholders' meeting.