Groundbreaking for Huazhixiongcai New Material Industry Park Project in Yongji City, Shanxi Province

According to the news from the Rong Media Center of Yongji City, Shanxi Province, the groundbreaking ceremony of the Huazhixiongcai New Material Industry Park project in Yongji City was held on December 16. It is reported that the total investment of the project is 600 million yuan.

It is understood that Shanxi Huazhixiongcai Energy Technology Co., Ltd. is a high-tech enterprise dedicated to the research and development, manufacturing, and supply of advanced negative electrode materials. The company has multiple intellectual property rights and independent research and development capabilities. Its products can increase the energy density of existing lithium batteries by 5-10 times, greatly alleviating consumers' range anxiety. The company's first 2000-ton silicon carbon negative electrode material production line has been in small-scale production in Yongji City and its products are highly favored in the market. The newly launched new material industry park project is a capital increase and expansion of the existing production capacity. After completion, the annual production capacity will reach 32,000 tons, with an output value of 1 billion yuan and tax revenue exceeding 100 million yuan, driving more than 500 people to achieve employment. It will become a new engine to drive the growth of the city's industrial economy.