Smart Energy subsidiary received two lithium battery orders totaling 67.1466 million yuan in September.

SMM: on the evening of October 9th, Smart Energy issued a reminder of the winning project of its subsidiary. Jiangxi far East Battery Co., Ltd. (hereinafter referred to as Jiangxi far East Battery) won two lithium battery project orders in Changzhou and Tianjin in September, involving intelligent vehicle power and energy storage system, totaling 67.1466 million yuan.

According to public data, smart energy was founded in 1985 and has now developed into an industry leading enterprise with energy Internet intelligent manufacturing as the core and industry solution providers as its orientation. it has formed four major business segments: intelligent cable network products and services, intelligent airport / energy system services, intelligent vehicle power and energy storage systems, and industrial Internet.

Jiangxi far East Battery was founded in 2009, formerly known as far East Foster New Energy Co., Ltd., and officially changed its name to Jiangxi far East Battery in December 2009. it is one of the enterprises with 21700 production capacity in the country. it is also an important part of the layout of smart energy diversified lithium power industry. Jiangxi far East Battery currently has a fully automatic 200PPM cylinder 21700 production line, which has provided lithium battery systems and battery products and services for new energy vehicles such as Dongfeng, Chery, Jiangling, Mavericks Electric, Nambo and other leading two-wheelers.

After nearly a decade of development, Jiangxi far East battery continues to introduce advanced automatic production equipment, now the daily production of 18650, 21700 cylindrical lithium-ion batteries is more than 1.4 million, the production capacity is up to 6GWh.At present, the production scale of power battery pack is 100000 sets per year. The 21700 and 18650 lithium batteries and power battery packs produced by Jiangxi far East batteries are widely used in new energy vehicles, logistics vehicles, electric tricycles and bicycles, power tools, base station energy storage, mobile power and other fields.

It is worth noting that on July 18, Jiangxi far East Battery's completely self-developed battery package was highly recognized by Vietnamese VinFast customers and successfully shipped, marking another major progress in the overseas market after Jiangxi far East Battery successfully developed the Italian market.