5.839 Billion Yuan! 5 GWh! A Sodium-Ion Battery and Energy Storage Equipment Manufacturing Project Commenced in Qinghai

According to information from the Haidong Industrial Park, on April 20, the key project introduced by the Haidong Industrial Park in Qinghai Province — the sodium-ion battery and energy storage equipment manufacturing project of Qinghai Zhaorui New Energy Technology Co., Ltd. — officially commenced construction.

It is reported that the Qinghai Zhaorui New Energy sodium-ion battery and energy storage equipment manufacturing project has a total investment of 5.839 billion yuan, covering an area of 278 mu. Focusing on the high-end new energy manufacturing sector, the project is expected to build two core production sites: a 5 Gwh sodium-ion battery cell facility and a 5 Gwh energy storage equipment manufacturing facility. The project is precisely aligned with the Haidong Industrial Park's positioning as a hub for new energy and new materials industries. Leveraging Qinghai's green electricity resource advantages, it is expected to create a leading sodium-ion battery and energy storage equipment manufacturing hub in north-west China with top-tier scale and technology, drive the park's new energy industry toward high-end and full-chain development, address shortcomings in energy storage equipment manufacturing, promote upstream and downstream industrial clustering, and accelerate the construction of a "green electricity + energy storage + equipment manufacturing" industrial ecosystem, effectively optimizing the park's industrial structure and enhancing core competitiveness. Upon completion, the project will fill the gap in Qinghai Province's sodium-ion battery industry, further optimize the park's industrial layout and activate green development momentum. It is expected to generate an annual output value of approximately 6.3 billion yuan and annual tax revenue of 380 million yuan, directly creating 1,400 jobs and indirectly creating 1,800 jobs, powerfully driving high-quality economic and social development in the park and injecting a strong new engine for industrial transformation and upgrading in Haidong City.

Public information shows that Qinghai Zhaorui New Energy was established in March 2026. Its business scope includes new energy prime mover equipment manufacturing; NEV auto sales; NEV electrical accessory sales; NEV battery swapping facility sales; NEV production and testing equipment sales; battery manufacturing; battery sales; battery parts and accessories sales; and storage battery leasing, among other businesses. The company is wholly owned by Guangdong Zhaorui New Energy Technology Co., Ltd.