Xinwangda plans to invest 2.3 billion yuan to build a high-performance cylindrical lithium-ion battery project

Sunwangda announced on the evening of May 31 that the company intends to sign the "Sunwangda High Performance Cylindrical Lithium-ion Battery Project Investment Agreement" with the Lanxi Municipal People's Government of Zhejiang Province. The main products of this project are high-performance cylindrical lithium-ion batteries. The project plans to invest a total of 2.3 billion yuan to build a project with an annual output of 310 million high-performance cylindrical lithium-ion batteries.

The company also announced that Xinzhiwang, a subsidiary of the company, signed a project investment agreement with the Jinwan District People's Government of Zhuhai City and Zhuhai Jinhang Industrial Investment Group Co., Ltd., and Xinzhiwang will invest in the construction of "Xinzhiwang Zhuhai" in the Jinwan District government area. Production Base Project". The investment in this project is mainly used for the research and development, production, testing and sales of intelligent hardware, with a total planned investment of about 1 billion yuan.

The TOP10 domestic power battery installed capacity companies in April are: Ningde Times, BYD, Zhongxinhang, Guoxuan Hi-Tech, Xinwangda, Honeycomb Energy, Yiwei Lithium Energy, Funeng Technology, Ruipu Energy, polyfluoride.

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