[Lithium Battery: FSPG Technology Invests 300 Million Yuan To Increase Capital In Lithium Battery Separator Subsidiary]

Published: May 9, 2026 11:18

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On May 9, Foshan FSPG Technology Group Co., Ltd. issued an announcement stating that, based on strategic development planning and operational needs, it plans to use 300 million yuan of its own funds to increase the capital of its wholly-owned subsidiary, Hebei Jinli New Energy Technology Co., Ltd., to supplement its working capital. Jinli New Energy, as a leading enterprise in the domestic lithium battery separator industry, is the core entity for FSPG Technology's strategic layout in the lithium battery separator business, with its products widely used in both the energy storage battery and power battery fields. FSPG Technology stated that this capital increase will effectively supplement Jinli New Energy's working capital.

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