[Haike Xinyuan: Plans to invest no more than 630 million yuan in building a battery-level EC device project] On October 27, Haike Xinyuan (301292.SZ) announced that the company plans to invest in the construction of a 200,000-ton/year battery-level EC device and supporting projects through its wholly-owned subsidiary Jiangsu Sipai New Energy Technology Co., Ltd. The total investment is expected to be no more than 630 million yuan. The project is located in Xuwei New District, Lianyungang City. The construction period is expected to be 12 months. The source of funds is its own funds or self-raised funds. The company stated that this project will help expand the production capacity of ethylene carbonate, meet the needs of downstream customers, and enhance the company's market competitiveness in the field of electrolyte solvents.