Guoke Energy Sichuan 20GWh Energy Storage Cell Project Commencement

On March 28, Guoke Energy (Sichuan) 20GWh Energy Storage Core Project was held in Meishan Tianfu New Area, Meishan City, Sichuan Province. Located in Shigao Street, Tianfu New District, Meishan,

the project is invested and constructed by Anhui Guoke Energy Technology Co., Ltd. with a total investment of 5.5 billion yuan, including 4 billion yuan in fixed assets and 340 mu in total land area.

Anhui Guoke Energy Technology Co., Ltd. focuses on the field of electrochemical energy storage , deeply cultivates the R & D and manufacturing of the whole industry chain of energy storage batteries, and the project is implemented in two phases. The fixed asset investment of Phase I is about 2 billion yuan, covering an area of 198 mu. The production line with an annual output of 10GWh lithium iron phosphate battery core is expected to be completed and put into operation in December 2026. After the completion of Phase I project, the output value is expected to be no less than 1 billion yuan and the tax revenue is expected to be no less than 5 million yuan in 2027. By 2030, the output value is expected to be 4 billion yuan and the tax revenue will exceed 100 million yuan. The second phase of the project is planned to be launched in 2028, with the construction of 10GWh lithium iron phosphate battery production line, battery PACK line and R & D center. The total production capacity of the project will reach 20GWh after full production, with an annual output value of about 10 billion yuan.