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On August 11, Fengshan Group announced that the company and Nantong Quannuo New Energy Materials Technology C.
According to the announcement, Fengshan Quanuo's business scope includes electrolyte products such as lithium-ion batteries and sodium-ion batterie.
Fengshan Group stated that the foreign investment to establish a holding subsidiary is conducive to comprehensive utilization of the advantages of both parties, and promotes the company to accelerate the layout of the new energy-related fine chemical industr.