The groundbreaking ceremony of Xinyi Base, a high-performance ternary precursor material for new energy in Cologne, was officially held.

On the morning of January 8, 2022, Cologne New Energy held the foundation laying ceremony of high-performance ternary precursor material Xinyi base in Xinyi Economic Development District. The groundbreaking ceremony was presided over by Li Sheng, mayor of Xinyi City. Present at the ceremony were Liu Yanlong, secretary general of the China Chemical and physical Power Industry Association, Chen Tangqing, secretary of the Xinyi Municipal CPC Committee, Zheng Wei, deputy secretary of the Xinyi Municipal CPC Committee, Cheng Di, executive deputy general manager, Yin Zhengzhong, and Zhang Haoyi, deputy general manager of Cologne New Energy Co., Ltd., as well as relevant responsible persons of various departments in Xinyi City, upstream and downstream units, financial institutions, and construction representatives.

Cheng Di, general manager of Cologne New Energy, on behalf of all colleagues in the company, extended a warm welcome to all leaders and guests, and expressed the most sincere thanks to Xinyi municipal party committee, municipal government and functional departments at all levels for their dedication.

General Manager Cheng Di first introduced the project. The first phase of the Cologne New Energy High performance Ternary precursor material Xinyi Base Project plans to build an annual output of 100000 tons of precursor materials for high-performance power batteries. After reaching production, the annual sales revenue will be about 10 billion yuan.

General Manager Cheng Di stressed the prosperity of science and technology and the creation of a "new" future. In 2022, Cologne New Energy will continue to seize the opportunity, take advantage of the opportunity, continuously strengthen in-depth cooperation with customers, suppliers, financial institutions, engineering units and other relevant parties through continuous independent innovation, and seek new development. And take today's foundation laying ceremony as a new starting point, under the great attention and correct leadership of the Xinyi municipal party committee and municipal government, and under the strong concern of departments at all levels. With the support and help of all sectors of the community, Cologne New Energy will certainly live up to expectations, pay close attention to the construction schedule, ensure that the project can be completed early, put into production early, and achieve early results, and strive to build a local benchmarking demonstration project and a green and intelligent chemical plant. to make efforts and contributions to Xinyi's new energy industry and economic construction!

Liu Yanlong, secretary general of China Chemical and physical Power Industry Association, expressed warm congratulations on the foundation of Cologne New Energy Xinyi Base on behalf of the industry association. Secretary General Liu Yanlong hopes that Cologne New Energy will further deepen the cooperation with upstream and downstream enterprises, guided by the relevant policies of the national carbon peak and carbon neutralization, in order to improve the energy structure of the automobile industry, promote the development of the new energy vehicle industry, realize the synergy effect of pollution reduction and carbon reduction, and give full play to the industry-leading role, form industrial agglomeration in Xinyi and Huaihai Economic Zone, and create a new new energy industry cluster base. Promote the transformation and upgrading of local industries.

Chen Tangqing, secretary of the Xinyi Municipal CPC Committee, said that the new energy industry is ushering in "another spring" in which national strategies converge with their own advantages. The project of Xinyi Base in Cologne, which is under construction today, has a large amount of investment, excellent industrial quality, high scientific and technological content, and good market prospects, and is of great significance to the extension and development of new energy batteries, energy storage, charging piles and other emerging industries. Demonstration drives more industrial chain projects to gather in Xinyi. I wish the groundbreaking ceremony of the project a complete success!

Finally, the distinguished guests on the rostrum moved to lay the foundation for the project, marking a solid step towards the great-leap-forward development of Cologne New Energy.