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Qianjiang New Energy plans to build a lithium-ion battery project

Qianjiang New Energy plans to build a lithium-ion battery project



On April 27, Qianjiang Motorcycle issued an announcement that the third board of directors of the company reviewed and approved the "Proposal on Foreign Investment of the Holding Company", and agreed to the holding company Zhejiang Qianjiang New Energy Technology Co., Ltd. (hereinafter referred to as "Qianjiang New Energy"). Signed the "Qianjiang New Energy Annual Production 4 Billion Wh Lithium Ion Power and Energy Storage Battery Assembly Project Investment Agreement" with Wenling Municipal People's Government. Qianjiang New Energy plans to implement the 4 billion Wh lithium-ion power and energy storage battery assembly project of Zhejiang Qianjiang New Energy in the Eastern New District of Wenling City, with a total investment of about 3.18 billion yuan.




The announcement shows that this project is implemented by Qianjiang Lithium Battery Technology Co., Ltd., a wholly-owned subsidiary of Qianjiang New Energy. The project will build a lithium-ion battery production line and a PACK production line with an annual production capacity of 4 billion Wh in two phases. Energy storage battery. Among them: the first phase is 2 billion Wh, and the second phase is 2 billion Wh. The total investment of the project is about 3.18 billion yuan, of which: the first phase investment is 1.35 billion yuan (including 200 million yuan in working capital); the second phase investment is 1.6 billion yuan (including 300 million yuan in working capital); the research institute invests 230 million yuan. Within three years after the first phase is completed and put into operation, the annual sales income will be 3 billion yuan and the tax will be 200 million yuan; within three years after the second phase is completed and put into operation, the first and second phases will achieve a total annual sales income of 5 billion yuan and tax of 300 million yuan.




Qianjiang Motorcycle said that new energy vehicles are the development direction of future automobiles, and the related power battery and energy storage battery industries will enter a period of rapid development. Increasing investment in the new energy industry of lithium batteries is in line with the policy orientation of the national new energy industry, in line with the company's strategy of realizing the "Ten Billion Qianjiang River", and in line with the investment promotion policy for major local projects. It is beneficial to the company to expand and strengthen the lithium battery industry and accelerate the development of the enterprise.