Ningde era established "Zhongzhou Times" subsidiary: taken from the ancient name of Henan, the proposed Luoyang new energy battery production base

CTOnews.com Sept. 29, September 26, Zhongzhou Times New Energy Technology Co., Ltd. was established in Luoyang, Henan Province, with legal representative qu Tao and registered capital of 2 billion RMB. Its business scope includes battery manufacturing and sales, electronic special materials manufacturing and sales, new materials technology promotion services, technical services, etc.

Shareholder information shows that the company is wholly owned by Ningde Times New Energy Technology Co., Ltd.

CTOnews.com learned that on September 28, Ningde Times issued an announcement that the company intends to invest in the construction of Luoyang new energy battery production base project. The announcement said that with the rapid development of the new energy industry at home and abroad, the market of power battery and energy storage industry continues to grow. In order to further promote business development, meet market demand and improve capacity layout, the company plans to invest in the construction of a Luoyang new energy battery production base project in Yibin District, Luoyang City, Henan Province, with a total investment of no more than RMB 14 billion yuan.

Public information shows that Zhongzhou is not only the ancient name of Henan Province today, but also the nickname of Bianjing, the capital of the Northern Song Dynasty (now Kaifeng, Henan Province). The name of the company in the Ningde era can be seen as a rule, that is, the place name + "time". For example, the headquarters of the Ningde era is in Ningde, Fujian Province.