Ganfeng Lithium Industry plans to invest 2 billion yuan to build an annual production base of 5G Wh energy storage PACK batteries

2023-10-31 09:49:20

The project is divided into three phases, of which the first phase is to build a PACK battery production base with an annual output of 5GWh, with a planned investment of no more than 2 billion yuan.

Ganfeng Lithium Industry reported on October 30 that in order to enhance the production scale and market share of the company's lithium battery products, promote the optimization and upgrading of the company's lithium industry chain structure, and enhance the company's core competitiveness. It is agreed that the subsidiary Jiangxi Ganfeng Lithium Power Technology Co., Ltd. (Hereinafter referred to as "Ganfeng Lithium Power") and the People's Government of Xinjian District of Nanchang City sign the "Ganfeng Lithium Power (Nanchang) Lithium Battery Production Base Project Agreement" and the "Ganfeng Lithium Power (Nanchang) Lithium Battery Production Base Project Supplementary Agreement".

According to the agreement, the company intends to invest in the construction of a lithium battery production base project in the newly built Jingkai District of Nanchang City, which is divided into three phases, of which the first phase is to build a PACK battery production base with an annual output of 5 GWh energy storage, with a planned investment of no more than 2 billion yuan. The second and third phases of the project timely start the investment and construction of power battery and energy storage battery production base according to market conditions, which has certain uncertainties, and the source of project funds is self-financing of Ganfeng Lithium Power.

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