Yiwei Lithium Energy subsidiary Yiwei Power three major plants put into production annual capacity 14GWh

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According to news from Yiwei Power, on November 12, the commissioning ceremony of the three major factories of Yiwei Power Q8, Q9 and Q10 was held in Jingmen, Hubei Province.

It is reported that Yiwei Power is a wholly owned subsidiary of Yiwei LiNeng (300014). Since it settled in Jingmen High-tech Zone, it has basically built four plants, forming an annual power storage battery and integrated system R & D and production base for 28.5GWh.

Liu Jincheng, chairman of Yiwei Lithium Energy, said that the Q8 plant is currently the largest factory with a single power unit, and its production capacity can reach up to 10GWH after it is put into production, and the three factories have a total 14GWh capacity. Yiwei Power continues to carry out the omni-directional layout and planning of R & D and manufacturing system, and actively plans to build a larger-scale "super factory".

Data show that in recent years, the knife Zone of Jingmen High-tech Zone has successively introduced a large number of industry leading enterprises, such as Yiwei Power, Green Mei, Enjie, Kodali, Ji Hechang, and so on, and has formed a whole industry chain from battery basic materials manufacturing to parts production, cell manufacturing and module packaging, and then to the recycling of waste battery materials.

Battery Network noted that on November 4, the Jingmen municipal government signed a cooperation agreement with Yiwei, Greenmei, Enjie, Kodali and New Zebang for the Jingmen Power Storage Battery Industry Park project. Jingmen Power Energy Storage Battery Industrial Park has a total investment of 46.3 billion yuan, covering the whole industry chain of lithium batteries, such as power storage batteries, battery materials, electrolytes, structures, diaphragms and so on.

Specifically, Jingmen Power Energy Storage Battery Industrial Park projects include: Yiwei Power 152.61GWh Power Energy Storage Battery Project, Grimm Lithium Battery material Project, Enjiexin material 1.6 billion square meter Lithium Battery diaphragm Project, Kodali Power Battery Precision structure Project, New Zebang 150000 tons Lithium Battery electrolyte Project and 100000 tons Semiconductor Chemicals Project.

On November 5, the Jingmen branch meeting was held in Jingmen High-tech Zone in Hubei Province in the fourth quarter of 2021, and the Jingmen Power Energy Storage Battery Industrial Park was officially opened.

Among them, on November 4, Yiwei Lithium signed a "strategic investment agreement" with the Jingmen municipal government, investing 30.521 billion yuan to build the Jingmen Power Storage Battery Industry Park project with an annual output of 152.61GWh. The original project annual output of 104.5GWh new energy power storage battery industrial park and annual 30GWh power storage battery project Synchronize terminated.

On the evening of November 5th, Yiwei LiNeng also announced that the company intends to sign a "contract" with the management committee of Jingmen High-tech Zone to invest in the construction of 20GWh passenger car large cylindrical battery production line and auxiliary facilities project, 16GWh square lithium iron phosphate battery production line and auxiliary facilities project respectively in Jingmen High-tech Zone, with a total fixed asset investment of about 6.2 billion yuan.

Everbright Securities released a research report and analyzed that the customer quality of Yiwei lithium power battery is in the first echelon in China, and the forward-looking layout of 4680 cylinders can be expected in the future. As the company's power production capacity continues to be released, it is expected that the soft package ternary and ternary cylinder shipments will grow rapidly in 2021, and lithium iron phosphate will enter the passenger car field for the first time in 2022, entering the new power supply chain, and the power battery business will have a bright future.