Yiwei Lithium Energy: the large cylindrical battery project is progressing in an orderly manner as planned.

CTOnews.com February 14 news, Yiwei LiNeng said on the investor interaction platform today that the large cylindrical battery released by the company on December 15, 2022 has an energy density of 350Wh/kg and supports 9-minute ultra-fast charging. At present, the large cylindrical battery project is progressing in an orderly manner as planned.

When talking about the new project, Yiwei Lithium Energy said that the construction ceremony of Yiwei Lithium Energy Super Factory was successfully held in Jingmen on February 1. After the superfactory is completed, it will achieve annual capacity 60Gwh and mass produce a new generation of lithium energy storage battery LF560K, which can meet the large-scale and high economic needs of the energy storage market.

CTOnews.com learned that in addition to large cylindrical batteries, Yiwei Lithium Energy has previously released new technologies and new products for "π" battery systems, lithium metal secondary batteries, solid-state and sodium ion batteries, and hydrogen energy technology.

Financial data show that Yiwei LiNeng achieved a net profit of 2.666 billion yuan in the first three quarters of 2022, up 20.3 percent from the same period last year, and 1.306 billion yuan in the third quarter, up 81.18 percent from the same period last year.