According to the project record-filing system on Hubei Government Service Network, Hubei Hongyuan Fluorine Chemical Co., Ltd. filed for the cancellation of its 40,000 tons/year lithium hexafluorophosphate project on May 27 (with a planned investment of 1.2 billion yuan). Subsequently, on June 11, the company's 28,000 tons/year lithium hexafluorophosphate project passed the review for record-filing. The planned construction start date is September 2026.