Ganfeng Lithium to Inject 500 Million Yuan for Lithium Battery Base via Industrial Fund

Published: Jan 15, 2025 17:15 (GMT+8)
[Ganfeng Lithium Plans to Introduce 500 Million Yuan for Lithium Battery Base Construction] On January 14, Ganfeng Lithium released the "Announcement on the Progress of Guarantee Involved in the Capital Increase and Share Expansion of the Holding Subsidiary Nanchang Ganfeng LiEnergy." The announcement, which has been approved by the shareholders' meeting, states that its wholly-owned subsidiary, Nanchang Ganfeng LiEnergy Technology Co., Ltd., plans to introduce an industrial fund of 500 million yuan established by the platform company of Xinjian District, Nanchang City, to be used for the new energy project construction in Xinjian District, Nanchang Ganfeng LiEnergy.

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[Lithium battery: China exported 3.69 billion lithium-ion batteries in Jan-Aug, up 22.9% YoY]
20 hours ago
[Lithium battery: China exported 3.69 billion lithium-ion batteries in Jan-Aug, up 22.9% YoY]
Read More
[Lithium battery: China exported 3.69 billion lithium-ion batteries in Jan-Aug, up 22.9% YoY]
[Lithium battery: China exported 3.69 billion lithium-ion batteries in Jan-Aug, up 22.9% YoY]
Per MIIT data and customs statistics, China exported 3.69 billion lithium-ion batteries in Jan-Aug 2026, up 22.9% YoY. Value-added output of the electronics manufacturing industry grew 15.7% YoY, with revenue up 20.1% to RMB 12.8 trillion and total profit up 110% to RMB 847.5 billion. The strong battery exports reflect sustained overseas demand for power and energy storage batteries.
20 hours ago
[Energy storage: LONGi starts production at Suzhou base, grid-scale integration capacity targeted at 50GWh]
20 hours ago
[Energy storage: LONGi starts production at Suzhou base, grid-scale integration capacity targeted at 50GWh]
Read More
[Energy storage: LONGi starts production at Suzhou base, grid-scale integration capacity targeted at 50GWh]
[Energy storage: LONGi starts production at Suzhou base, grid-scale integration capacity targeted at 50GWh]
LONGi's Suzhou base officially started production on Oct 9, covering containerized storage, C&I storage and control cabinets. Its grid-scale integration line will have 31GWh annualized capacity from October, expanding to 50GWh in 2027, plus over 10,000 C&I units per year by end-October. LONGi acquired control of Jingko Energy (about 62% voting rights) in Nov 2025; cumulative storage orders exceeded 3GWh in H1 2026, with a 6GWh shipment target for the full year.
20 hours ago
17.948 Billion! Far East Smarter Energy Releases Its Multi-Million-Dollar Order Report for the First Three Quarters
Oct 10, 2026 14:50 (GMT+8)
17.948 Billion! Far East Smarter Energy Releases Its Multi-Million-Dollar Order Report for the First Three Quarters
Read More
17.948 Billion! Far East Smarter Energy Releases Its Multi-Million-Dollar Order Report for the First Three Quarters
17.948 Billion! Far East Smarter Energy Releases Its Multi-Million-Dollar Order Report for the First Three Quarters
Oct 10, 2026 14:50 (GMT+8)
[Ganfeng Lithium Plans to Introduce 500 Million Yuan for Lithium Batte - Shanghai Metals Market (SMM)