Weilai set up a battery technology company with 2 billion yuan, and Li Bin served as chairman.

CTOnews.com October 25 news, Weilai Battery Technology (Anhui) Co., Ltd. was established, legal representative Zeng Shuxiang, Li Bin as chairman, registered capital of 2 billion yuan. According to the equity structure chart, the company is 100% owned by Weilai Holdings.

According to the data, the main business scope of Weilai Battery Technology (Anhui) Co., Ltd. includes: technology import and export; battery manufacturing; battery sales; research and development of electronic special materials; sales of electronic special materials; manufacturing of electronic special materials; sales of graphite and carbon products; sales of new film materials; manufacturing of plastic products; sales of plastic products; sales of high purity elements and compounds; manufacturing of graphite and carbon products, etc.

CTOnews.com learned that in the middle of this year, a message on the environmental information disclosure platform of Shanghai enterprises and institutions revealed that Weilai will invest 218.5 million yuan to build 31 new battery cells and battery pack R & D laboratories in Anting Town, Jiading District, Shanghai City, and lay a lithium ion battery trial production line and a battery pack line. Whether Weilai really wants to get involved in the battery self-manufacturing business is still unknown.