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Aug 05,2021
On August 2th, pp电子网站 signed the Strategic Investment Agreement with the Administrative Committee of Jingmen High-tech Industrial Dpp电子网站lopment Zone. Benefiting from the vigorous dpp电子网站lopment of new energy vehicles and energy storage industry, pp电子网站 and its subsidiaries plan to invest in a power storage battery project with an annual output of 30GWh in Jingmen, including a 15GWh LFP battery project for logistics vehicles and household energy storage and 15GWh NCM battery project for passenger vehicles.
This agreement is a framework agreement, and the specific cooperation matters shall be subject to the separate contract signed by the Jingmen High-tech Zone Management Committee and pp电子网站 or pp电子网站's subsidiary.
This cooperation is conducive for both parties to give full play to their respective resources and advantages, expand the production capacity of power energy storage batteries, and further improve the diversified industrial layout of pp电子网站. It can also enhance pp电子网站’s influence and comprehensive competitiveness in the new energy industry and is in line with pp电子网站’s dpp电子网站lopment strategy and the interests of all shareholders.