On April 8th, the Guoqian Zhigu Industrial Park project with a total investment of 1 billion yuan and the Kunyu Power annual production of 5GWh smart energy storage lithium battery system integration project, jointly started construction in Hailing District, Taizhou City. The Guoqian Zhigu Industrial Park project integrates research and development, production, sales display, and technology incubation, aiming to create a high-end equipment manufacturing base for key components of new energy vehicles, energy-saving and environmental protection equipment, and rail transportation components.
The Kunyu Power project will be invested in two phases to build a smart energy storage lithium battery system integration project. After full production, it is expected to achieve an annual output of 5GWh battery cells and 5GWh PACK capacity, with an additional sales revenue of 4 billion yuan.
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