10 Billion! The Dongdao new energy project with an annual output of 300000 tons of anode materials will be landed in Leizhou, Guangdong Province.

Published: Apr 7, 2022 17:12
[10 billion! Recently, the people's Government of Leizhou City, Zhanjiang, Guangdong Province and Guangdong Dongdao New Energy Co., Ltd. formally signed an investment cooperation agreement on the project, indicating that the project with an annual output of 300000 tons of power and energy storage battery anode materials integration project will soon be settled in Guangdong Leizhou Economic Development Zone.

Recently, the people's Government of Leizhou City, Zhanjiang, Guangdong Province and Guangdong Dongdao New Energy Co., Ltd. (referred to as "Dongdao New Energy") formally signed a project investment cooperation agreement, indicating that the annual production capacity of 300000 tons of power and energy storage battery negative materials integration project will soon be settled in Guangdong Leizhou Economic Development Zone.

Wu Qixiu, chairman of Guangdong Dongdao New Energy Co., Ltd., said that as the company's third plant invested in Zhanjiang, the company will set up a special class to implement the project and promote the construction of the project as soon as possible and put into production as soon as possible.

Data show that Dongdao New Energy was founded in 2011 with a registered capital of 46.81 million. It is a state-level high-tech enterprise, a leading enterprise in the comprehensive utilization of lithium-ion battery anode materials and precursors, and 2012 has been identified as Guangdong Province's key support for high-growth enterprises. innovative pilot enterprises, strategic new industry backbone enterprises. The company is committed to the research, development, production and sales of lithium-ion battery anode materials and precursors and carburizers.

In terms of customers, Dongdao New Energy anode materials products mainly supply Ningde Times, Yiwei Lithium Energy, Tafel, Thornton and other well-known new energy companies; in terms of performance, Dongdao New Energy is expected to increase its shipments by 50% over the same period last year, sales by 200% over the same period last year, and sales of more than 100 million yuan, a record high.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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10 Billion! The Dongdao new energy project with an annual output of 300000 tons of anode materials will be landed in Leizhou, Guangdong Province. - Shanghai Metals Market (SMM)