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Yiwei Lithium Energy: the subsidiary plans to invest 10.8 billion yuan to build a power storage battery production line and auxiliary facilities.

Shulou Source: shulou.com Published: 2023-11-24 14:19:41 09月10日 Update

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com January 31 news, Yiwei LiNeng released a report today that Yiwei Power, a subsidiary, intends to sign a "contract" with the Management Committee of Jingmen High-tech Industrial Development Zone to invest in the construction of 60GWh power storage battery production line and auxiliary facilities in Jingmen High-tech Zone.

CTOnews.com learned that the announcement shows that the total investment in the project is about 10.8 billion yuan, of which the fixed asset investment is about 8 billion yuan to build a 60GWh power storage battery production line.

When talking about the purpose of the investment and its impact on the company, Yiwei LiNeng said that with the continuous expansion of the company's operating scale and the growing market demand, in order to better seize the market opportunity of power storage batteries, Yiwei Power, a subsidiary of the company, plans to sign a "contract" with the management committee of Jingmen High-tech Zone. This investment will help both sides to give full play to their respective resources and advantages, expand the production capacity of power storage batteries, optimize the company's industrial structure, and provide customers with more products and solutions. to further promote the development of the company in the lithium-ion power battery market and enhance the company's influence and comprehensive competitiveness in the new energy industry is in line with the company's development strategic planning and the interests of all shareholders.

In addition, Yiwei Lithium can claim that this investment has no impact on the company's business independence, has a positive impact on the company's future development, and has an uncertain impact on the company's financial position this year. If this contract has a significant impact on the company's performance this year, the company will promptly fulfill its information disclosure obligations in accordance with relevant regulations.

Related readings:

"Yiwei Lithium Energy: a project to build a 20GWh power storage battery production base with a plan of 10 billion yuan"

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