[Balancing Power and Energy Storage! 5GWh All-Solid-State Battery Base Lands in Hangzhou] On June 7, a signing ceremony was held for the all-solid-state battery industrial base of Yuandian New Energy. The project is expected to involve a total investment of approximately 2.5 billion yuan, funded by Zhejiang Lumotong Holding Group. It will establish a high-end digital factory (for solid-state series products) with a 5GWh production line for solid-state batteries (compatible with semi-solid-state batteries). It is anticipated that upon reaching full production, the annual output value will be 5 billion yuan, with taxes of 150 million yuan. In the future, R&D and production related to lithium-air fuel cells will be introduced.