1.2 billion! Ningbo founder plans to build a new energy lithium battery precision structure and parts production project.

On November 9th, Ningbo founder (300998) issued an announcement, in order to continuously promote the company's overall development strategy, further improve and strengthen the national layout of the company's business, and further improve the collaborative innovation system of the company's industrial chain, strengthen the application and promotion of new materials, new technologies and new technologies, and make full use of the location advantages of industrial clusters in Anhui Province. The company plans to sign the Investment Cooperation Agreement between Anhui Chaohu Economic Development Zone Management Committee and Ningbo Fangzheng Automobile Mould Co., Ltd on the production project of precision structural parts of new energy lithium battery with the management committee of Anhui Chaohu Economic Development Zone. It plans to set up a new local holding subsidiary and plans to invest in the production project of precision structures and components of new energy lithium batteries.

According to the announcement, the total investment of the project is about 1.2 billion yuan and will be invested in two phases. Ningbo Fangzheng leased 20000 square meters of factory buildings in advance and built 12 production lines of lithium battery structures and their parts in the area of Anhui Chaohu Economic Development Zone, mainly engaged in the production, manufacture and sales of square and cylindrical battery structures. On the basis of reaching production in the first phase, the second phase is planned to cover an area of about 120mu, with 40 new production lines and lithium battery pack assembly lines.

Ningbo founder said that this cooperation will help the two sides to give full play to their respective resources and advantages, promote Ningbo founder to enter the lithium battery structure industry, and at the same time promote the further development of the company's own lithium electric automation equipment business. promote the company's foothold in the lithium battery industry and high-quality sustainable development.

On the same day, the 10th meeting of Ningbo founder's second board of directors examined and adopted the "motion on joint venture companies and related transactions jointly invested with related parties". Anhui founder New Energy Technology Co., Ltd., a joint venture company, proposed a registered capital of 266.9339 million yuan, of which Ningbo founder subscribed to 133.6005 million yuan in currency, with a shareholding ratio of 50.05%. Anhui high-tech investment new materials industry fund partnership (limited partnership) subscribed 80 million yuan in currency, holding 29.97% equity; Shenzhen Qianhai Glory Capital Management Co., Ltd. subscribed 17.7778 million yuan in currency, holding 6.66% equity; Anqing Jintong Yi'an Investment Management Partnership (limited partnership) subscribed 17.7778 million yuan in currency, holding 6.66% equity; Guangzhou Fenghua Industrial Investment Partnership (limited partnership) subscribes 17.7778 million yuan in currency and holds 6.66% of the equity.

Specifically, the registered address of Anhui founder is Chaohu District, Hefei City, Anhui Province. It will actively lay out the lithium battery structure industry and build a production line for lithium battery structure and its parts. In the future, it will mainly engage in the R & D, production, manufacturing and sales of square and cylindrical battery structures.

Ningbo founder said that the company, Anhui Hi-tech Investment and other investors, as co-investors, intend to set up a joint venture company in order to make full use of the existing resources of all parties and complement each other's advantages. The joint venture company will cut into the new energy industry, focus on the lithium battery structure industry, and actively promote the company to focus on business innovation, transformation and development, so as to create new profit growth points for the company's future development.