Recently, Zhong, the founder of Nongfu Spring and the former richest man in China, led the investment of Zhejiang Zhibang Lithium and Electricity New Materials Co., Ltd., a solid-state electrolyte company established only one year ago, through a private equity fund under his control.
This strategic investment of about 500 million yuan marks that Zhong and Nongfu Spring have formally entered the upstream of the new energy materials industry with a shareholding ratio of about 10%.
It is understood that Zhibang Lithium Power was founded in March 2024. Its R & D center and base are located in Quzhou, Zhejiang Province. It is a supplier focusing on the core materials of solid-state batteries . Many of its core team come from Ganfeng Lithium Power.
At present, Zhibang Lithium Power's annual output of 11000 tons of solid-state battery electrolyte project is about to be put into operation, which will provide key materials for Geely, BYD and other automobile companies.
浙公网安备33010802003254号