Core Viewpoint - Zhongxin Innovation (03931) saw a significant increase in stock price, rising over 10% following the announcement of a long-term exclusive partnership with Ashok Leyland for battery development and manufacturing [1] Group 1: Partnership and Investment - Ashok Leyland announced plans to invest over 500 billion Indian Rupees (approximately 40.45 billion RMB) in a battery manufacturing project over the next 7-10 years [1] - The partnership aims to develop next-generation battery products for both automotive and non-automotive applications, contributing to the localization of the battery supply chain in India [1] Group 2: Production Capacity and Global Expansion - Zhongxin Innovation is accelerating its global production capacity, with its Thailand Pack factory already delivering stable outputs [1] - The company is also set to break ground on its Portugal facility in Q1 2025, with an investment exceeding 15 billion RMB and an expected annual production capacity of 15 GWh by 2027 [1]
中创新航早盘涨超10% 近日拿下印度大型电池项目合作 公司正加速全球化产能布局