[Shandong Times Battery Production Site Officially Launched] Recently, Contemporary Amperex Technology Co., Limited (CATL) announced on its official account that the ESS and power battery production site of Shandong Times New Energy Technology Co., Ltd. has officially commenced operations in Yanzhou District, Jining City. This marks CATL's first production site in northern China and its largest production site in terms of capacity planning in the region. Built to "Lighthouse + Zero Carbon Factory" standards, the site is equipped with the world's leading digital and intelligent production lines. The new site will be constructed in three phases. The first phase, which has now commenced operations, has a total capacity of 60 GWh, spans over 800 mu (approximately 533,333 m²), and boasts a total construction area of 520,000 m², encompassing a comprehensive intelligent production space that includes workshops and living facilities. The second and third phases of the project are expected to commence operations over the next two years, with the potential to form a globally leading new energy battery industrial cluster worth 100 billion yuan.