On December 13, the commencement ceremony of Xinyangfeng's first new energy storage project on the user side was held at the Shiqiaoyi Headquarters Production Base in Jingmen City, Hubei Province.
The project is supported by iron phosphate battery, which integrates a complete set of user-side energy storage equipment, such as battery prefabricated cabin, booster inverter integrated machine, EMS system, etc. The project is constructed by Hubei Yibei. At present, the geological survey site survey, construction general plan design and other work have been completed, and the fixed assets investment project record certificate of Hubei Province has been obtained, which has the conditions for starting construction. According to
the data, Xinyangfeng, founded in 1982, is a listed company on the main board of Shenzhen Stock Exchange and a leading enterprise of phosphate compound fertilizer in China. Its main business includes research and development, production and sales of phosphate compound fertilizer, new energy materials, fine chemicals, phosphogypsum building materials and other products.
It is reported that Xinyangfeng has rapidly transformed and upgraded to new energy fields such as iron phosphate, relying on the integrated industrial chain of phosphorus chemical industry and the accumulation of 40 years of operation in phosphorus chemical production. The company's first phase of 50,000 tons/year iron phosphate has been completed and put into operation in 2022, and has achieved standard production and shipment in a relatively short period of time, becoming the first production line of this magnitude in the same industry in China.