Yiwei Lithium Energy Signs 2.5 Billion Power Lithium Battery Project Contract

Yiwei Lithium Energy announced at noon on July 4 that the company's subsidiary Jinquan Company and the Jingmen High-tech Zone Management Committee signed a contract for the investment and construction of the power lithium battery project.
The total investment of the project is 2.
518 billion yuan and the project will be constructed in phases
.
According to the contract, Jinquan Company is an enterprise with independent legal person status registered in Jingmen High-tech Zone, pays taxes in accordance with the law, handles various procedures such as licenses and licenses in accordance with regulations, and bears related expenses; its construction projects must conform to the overall land use plan of Jingmen City, Urban construction overall planning and industrial layout planning, etc.
; safe production, and ensure that the enterprise meets the relevant environmental protection regulations after it is put into production
.
The Management Committee of Jingmen High-tech Zone will assist Jinquan Company in applying for high-tech enterprises; coordinate with relevant departments for Jinquan Company; be responsible for the compensation for the demolition of ground attachments on the project land; be responsible for ensuring the demand for water, electricity, gas (natural gas), etc.
; Responsible for appointing Jinquan's project package service personnel, assisting in the procedures of industrial and commercial registration and other approval procedures
.
The company said that this project is conducive to the expansion of power lithium battery production capacity, and it is conducive to the company and Jinquan Company to grasp the development opportunities of new energy vehicles and energy storage industries and improve overall competitiveness
.
After the project is completed, it can achieve an annual output value of 3.
45 billion yuan, but the impact of this investment on the company's performance this year is still uncertain
.