November 5, China Nengjian signed a contract with Wuxi City, Jiangsu Province. Zhongneng Ruixin Square Aluminum Shell Lithium Iron Phosphate Energy Storage Battery Industry Project with a total investment of 13 billion yuan, New Energy Industrial Park Project with a total investment of 7 billion yuan, Wuxi Huishan Qianqiao Green Shipping Industrial Park with a total investment of 32 billion yuan and Science and Education City Industrial Zone Project were signed and settled in Huishan District of Wuxi.
Among them, Zhongneng Ruixin Square Aluminum Shell Lithium Iron Phosphate Energy Storage Battery Industry Project is developed by Zhongneng Ruixin (Shenzhen) Energy Technology Co., Ltd., a subsidiary of China Energy Construction Co., Ltd., which is divided into two phases to complete the research and production construction project of 40 G Wh energy storage battery. At the same time, China Energy Construction Co., Ltd. plans to invest in building a new energy industrial park in this industrial area.