26 December, The People's Government of Shufu County, Kashgar, Xinjiang Uygur Autonomous Region held the signing ceremony of the framework cooperation agreement for the integrated construction project of lithium iron phosphate materials and photovoltaic development with Hunan Shuoke Thermal Intelligent Equipment Co., Ltd., Suzhou Xiaoli New Energy Technology Co., Ltd., and Zhongjingcheng Investment (Henan) New Energy Co., Ltd.
It is understood that the project plans to invest 2.2 billion yuan to build a production line of cathode materials for lithium iron phosphate batteries with an annual output of 10000 tons and a 500 MW photovoltaic power station . After the completion of the project, it will promote the industrial development of Shufu County, increase employment and tax revenue, enhance the efficiency and market space of enterprises, and achieve mutual benefit and win-win situation.