**Sodium Battery Cathode: Rongli's 10,000-ton Sodium Battery Cathode Material Project Signed and Implemented in Southeast Guizhou**
On November 4, 2024, the Administrative Committee of the Qiandongnan High-tech Industrial Development Zone in Guizhou Province signed a strategic cooperation agreement for a comprehensive new energy demonstration project with Hunan Rongli New Energy Technology Co., Ltd. and Changxia Electric Power (Anhui) Co., Ltd. Hunan Rongli New Energy Technology Co., Ltd. plans to invest RMB 1.02 billion in the Qiandongnan High-tech Industrial Development Zone, occupying an area of approximately 100 acres. The company intends to construct multiple production facilities, including a factory for energy storage system integration with an annual capacity of 4GWh, a sodium battery cathode material production factory with an annual capacity of 10,000 tons, an isostatic graphite anode material factory with an annual capacity of 30,000 tons, and a lithium battery material recycling project with a capacity of 10,000 tons. Additionally, Hunan Rongli New Energy Technology Co., Ltd. and Changxia Electric Power (Anhui) Co., Ltd. will jointly invest in the development of a 500MW wind power new energy comprehensive demonstration project.
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