Xinwangda Liwei Lithium Ion Battery Project in Zhejiang Province has a total investment of 5.2 billion yuan.

According to the news released by Lanxi Rong Media Center, with the first batch of lithium-ion batteries put into production on August 28th, Lanxi is currently the new energy project with the largest single investment-the Xinwangda Zhejiang Liwei Lithium Ion Battery Project with a total investment of 5.2 billion yuan.

According to public data, the project has a total investment of 5.2 billion yuan and a total land area of about 617mu. Construction is carried out in two phases, of which the first phase has a land area of 315mu and a planned construction area of 400000 square meters. The project introduces the leading domestic fully automatic and intelligent lithium-ion battery production line and battery module production line, which can produce 240 million lithium-ion batteries and 240 million lithium-ion battery modules annually, with an annual output value of 10 billion yuan and more than 12000 new jobs.

In addition to the Liwei lithium-ion battery project in Zhejiang, Xinwanda announced a 20 billion yuan investment and production expansion project in August:

On August 9, Xinwanda announced that it agreed with its subsidiary Xinwanda Automobile Battery to invest in the construction of Xinwangda Nanchang Power Battery production Base within the jurisdiction of the Nanchang Economic Development Committee, with a total investment of about 20 billion yuan in four phases and 1.6 billion yuan in the first phase. The registered capital of the project company is 484.8 million yuan, Nanchang Economic and Development Commission platform Company contributed 4.8 million yuan, holding 0.99%, Xinwanda car battery contributed 480 million yuan, holding 99.01%. Among them, the first phase of the project is scheduled to be implemented in 2021, and the first phase of the project plans to open mass entrepreneurship and innovation Science and Technology Industrial Park and invest in the construction of 4GWh battery and 4GWh battery system production lines and related industries.

In terms of performance, according to the semi-annual report released by Xin Wanda, the company realized operating income of 15.682 billion yuan in the first half of the year, an increase of 36.25% over the same period last year; net profit of 617 million yuan, an increase of 10391.43% over the same period last year; and basic earnings per share of 0.40 yuan.

Among them, Xin Wanda's mobile phone digital lithium-ion battery module business continued to grow, with revenue of 9.395 billion yuan, an increase of 42.50% over the same period last year; laptop battery business revenue reached 2.187 billion yuan in the first half of 2021, an increase of 29.30% over the first half of 2020; in the automotive and power battery business, Xinwanda achieved revenue of 574 million yuan, an increase of 344.27% over the same period last year.