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Recently, Ningde Times New Energy Technology Co., Ltd. and Yibin Sanjiang New District Management Committee signed the "Sichuan Times Seven to Tenth Project Investment Agreement" in Chengdu. He Yonghong, vice mayor of Yibin City and secretary of the Party work Committee of Sanjiang New area (Lingang Economic Development area), and Zhu Yunfeng, general manager of Sichuan time, signed the agreement on behalf of both sides. Huang Qiang, deputy secretary of the Sichuan Provincial CPC Committee and governor, Zeng Yuqun, chairman of Ningde Times, and Li Ping, vice chairman of Ningde Times, jointly witnessed the signing of the agreement.
According to the agreement, Ningde Times will further improve the production capacity layout on the basis of the original six-phase projects, through the wholly-owned subsidiary Sichuan Times New Energy Technology Co., Ltd., invest in the construction of the seventh to tenth phases of the power battery manufacturing base in Yibin Sanjiang New area, with a total investment of no more than 24 billion yuan.
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