AVIC Lithium Power and Chengdu Economic Development District signed a project cooperation framework agreement to build 50GWh power battery and energy storage battery manufacturing base.

Liu Jingyu said in her speech that AVIC Lithium has entered the top enterprise in terms of industry ranking, market share, product strength, customer loyalty and brand influence. At present, the customer's demand for us is far greater than the capacity supply, and the demand schedule is constantly ahead of schedule, so we need to make every effort to grab time, speed up, and achieve more mass production and delivery as soon as possible. The project signed this time is to build a manufacturing base of 50GWh power battery and energy storage battery, which will become an industry-leading, green and intelligent benchmarking base. This project will effectively promote the landing of upstream and downstream industries in Chengdu, support Chengdu's eastward strategy, and make significant contributions to regional economic development.

He Xun pointed out in his speech that the Chengdu Economic Development District (Longquanyi District) will provide all-round support in terms of energy resources, policy support and business environment to promote the rapid start of the project and put into production at an early date. At the same time, benefiting from the advantages of AVIC Lithium in industrial development and industry resources, the landing of the project will attract industry leading supporting enterprises to settle in, gather upstream and downstream industrial chains, promote the development of new energy industry in Chengdu, further extend the ecological chain, innovation chain, matching chain and value chain of the automobile industry, and speed up the construction of the ecological circle of the advanced automobile industry.

Subsequently, under the joint witness of on-site leaders and guests, Dai Ying, deputy general manager of AVIC Lithium Power, and Li Yang, deputy director of Chengdu Economic Development District Management Committee, jointly signed the project cooperation framework agreement on behalf of both sides.