CosMX Battery Adjusts Investment Project to Focus on Consumer Batteries, Total Investment at 4 Billion Yuan

Published: May 29, 2025 19:08

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[CosMX Battery: Change in Investment Project Construction Content, Total Investment Remains at 4 Billion Yuan]
CosMX Battery announced that the company had originally planned to invest 4 billion yuan in the construction of a high-performance new-type lithium-ion battery project. The plan has now been revised to include the company and its wholly-owned subsidiary as the investment entities. The construction content has been adjusted to focus on the production of consumer battery products, with the total project investment remaining unchanged at 4 billion yuan. The project is expected to commence production within 2028. This change does not constitute a related-party transaction or a major asset restructuring.

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