[Lithium Battery: Changhong Energy's Malaysia Lithium Battery Project Approved By Mianyang SASAC]

Published: Jun 29, 2026 13:50

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On June 26, Changhong Energy announced that it had received, through its controlling shareholder Sichuan Changhong Electronic Holdings Group Co., Ltd., an approval document from the Mianyang State-owned Assets Supervision and Administration Commission, granting in-principle approval for Changhong Sanjie New Energy Co., Ltd. to invest in and construct a lithium battery production line project in Malaysia. The total investment for the project does not exceed approximately 999.3467 million yuan. The construction of this high-rate lithium battery Malaysia production base project is still subject to approval by the company's shareholders' meeting.

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