According to "Xi'an Release" news, on November 24th, the key investment and financing projects in Xi'an, Shaanxi Province were signed, and the concentrated commencement of key projects in the fourth quarter was held. Among them, the Tangna New Energy (Shaanxi) Co., Ltd. enterprise headquarters research and development center project has commenced.

It is reported that the project is located in the Fendong New City Pulos Fendong Industrial Park, with a total investment of 500 million yuan. It will build an enterprise headquarters, research and development center, pilot line, and an annual production of 10,000 tons of sodium ion battery cathode material production line, realizing the best scale production process and mass production of square, cylindrical, and soft-pack sodium ion batteries.