Technology, Healthcare Jan 16, 2022 04:09 PM (GMT+8) · EqualOcean
Financial Associated Press, Jan. 16 - Shangwei announced that the company signed an investment agreement with Leshan Municipal government and conch entrepreneurship to invest in the construction of "new energy southwest manufacturing base project" in Leshan high tech Zone, Sichuan Province. On the same day, the company and conch venture signed the joint venture agreement on the investment and construction of the first phase of the 40000 ton project of the 200000 ton power energy storage battery cathode material integration project in the above investment agreement, and it is planned to jointly invest and establish a joint venture to operate the investment project. The total investment is expected to be 8 billion yuan, of which the start-up scale of the first phase is to build the integration project of negative electrode materials for power energy storage batteries with an annual output of 40000 tons, and the estimated investment is 1.6 billion yuan.

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