GOTION(SZ:002074) Bei Jing Shang Bao·2025-08-31 04:04Core Viewpoint - Guoxuan High-Tech plans to invest in two new energy battery projects, each with a total investment of no more than 4 billion yuan, to expand production capacity and enhance competitiveness in the rapidly growing power battery market [1][2]. Group 1: Project Details - The company intends to build a 20GWh new energy battery base in Wuhu, Anhui Province, with a total investment not exceeding 4 billion yuan [1]. - A second project involves the construction of a 20GWh lithium-ion battery manufacturing base in Nanjing, Jiangsu Province, also with a total investment not exceeding 4 billion yuan [2]. - Both projects will be implemented by the company's subsidiaries and do not involve related party transactions or constitute significant asset restructuring [1][2]. Group 2: Strategic Importance - The investments aim to meet the demands of strategic customers and further expand the production capacity of new lithium batteries, thereby improving the company's overall competitiveness [1][2]. - The funding for these investments will come from the company's own and raised funds, which will increase capital expenditures and cash outflows in the short term but is expected to have a positive long-term impact on business layout and operational performance [1][2]. Group 3: Market Response - On August 29, the company's stock price hit the daily limit, closing at 36.47 yuan per share, with a total market capitalization of 65.85 billion yuan [3].