Core Viewpoint - The company, Guoxuan High-Tech, announced the approval of a new lithium-ion battery manufacturing project with a total investment of up to 4 billion RMB, aimed at expanding production capacity and enhancing product structure to meet future business development needs [1] Investment Project Details - The project involves the construction of a 20GWh lithium battery production line located in the Liuhe Economic Development Zone of Nanjing [1] - The total investment for the project is capped at 4 billion RMB, with funding sourced from self-owned and self-raised funds or other means [1] - The construction period for the project is set to be no more than 24 months from the start date [1] Strategic Objectives - The project aims to expand the company's high-quality production capacity and improve its product structure [1] - It is designed to enhance the company's industrial layout to support future business growth and market expansion [1]
国轩高科:拟投资40亿元建设江苏国轩新型锂离子电池智造基地项目