Sunwoda planned to invest 4 billion yuan in the construction of the automotive electronics white base project

Sunwoda announced that its subsidiary Sunwoda Automobile Battery intends to invest in the construction of the Xinwoda Automobile Electronics Dianbai Base Project (tentative ).

The investment in this project focuses on the development of emerging industries such as electronic intelligent manufacturing of new energy vehicles and is mainly engaged in the R&D and manufacturing of battery management systems (BMS), body controllers (BCM), vehicle controllers (VCU), and other products.

According to the announcement, the project plans to invest a total of RMB 4 billion, of which, the total investment in fixed assets for the first phase of the project is RMB 1.8 billion, and the total working capital is RMB 500 million. The project will invest in the construction of a battery management system (BMS), vehicle body controller (BCM), vehicle controller (VCU), and other production lines and related supporting facilities: the project will be implemented in two phases, the first phase plans to invest RMB 2.3 billion, and the second phase plans to invest RMB 1.7 billion.

Sunwoda was founded in 1997, and its main business is the research and development, design, production, and sales of lithium battery cells and modules. In 2011, it was listed on the GEM of the Shenzhen Stock Exchange. The company has developed six industrial groups including 3C consumer batteries, electric vehicle batteries, energy technology, intelligent hardware, intelligent manufacturing, industrial Internet, and third-party testing services, providing more green, fast, and efficient new energy integration solutions.

Sunwoda started to lay out the electric vehicle battery business in 2008, focusing on the electric vehicle battery system (cell, module, BMS, and PACK) as the core product, extending upstream to key links such as mineral raw materials, battery positive and negative materials, and downstream Extending to electric vehicles, energy storage power stations, cascade utilization of power batteries and other industries, forming the integration of the entire industry chain; at the same time, taking advantage of the company's advantages in lithium battery energy storage integration and application technology, Sunwoda focuses on electric power, network energy, and household energy storage In the field of portable energy storage, it provides various types of comprehensive energy service models including lithium battery energy storage products, multi-scenario integration solutions, and energy investment and operation.

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