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In the news of Sinochem News Network recently, Sibao Technology issued an announcement stating that the company plans to invest a total of 560 million yuan to establish a wholly-owned subsidiary Sibao Technology (Meishan) New Energy Technology Co.
It is understood that as a new type of lithium-ion battery anode material, silicon carbon anode is more efficient than current graphite anodes in improving battery energy density, but the cost is also higher