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Guoxuan Hi-Tech Subsidiary Signed 2 Billion Battery Project

 Last Update: 2022-02-23
 Source: Internet
 Author: User

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Guoxuan Hi-Tech announced on the evening of the 20th that the company’s wholly-owned subsidiary Hefei Guoxuan Hi-Tech Power Energy Co.
, Ltd.
and Lujiang County People’s Government have reached a cooperation agreement on the investment of 3GWH (approximately 1 billion AH) 32131 cylindrical battery project in Lujiang Economic Development Zone.
Investment of 2 billion yuan
.
The first phase of the project plans to build a new 1GWH battery project with an investment of 1 billion yuan.
It is planned to start construction of the main project in June 2017, and strive to be completed and put into production by the end of 2017
.
The signing of this agreement will have a positive impact on the company's future development of power lithium batteries
.

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