安徽20亿锂电项目投产在即！

Core Viewpoint - The article discusses the recent developments and strategic initiatives of Nandu Power, particularly focusing on the launch of the Huatuo New Energy Phase II 4GW energy storage battery project in Anhui Fuyang, which is set to begin production in September 2023 with a total investment of 2 billion yuan [1]. Group 1: Project Developments - The Huatuo New Energy Phase II project will primarily produce backup power sources for 5G communication, civilian power batteries, and energy storage batteries, with a total capacity of 7GWh and an expected annual output value of 5 billion yuan [1]. - The first phase of the project, with a capacity of 3GWh, was launched in May 2023, focusing on soft-pack batteries for civilian power sources and communication backup power [1]. Group 2: Company Structure and Strategy - Nandu Power, established in 1994, has diversified into four major business segments: energy storage, green travel, communication data, and resource regeneration, with its Anhui subsidiary being a key player since its establishment in 2020 [3]. - The company has a comprehensive structure with six divisions, including battery production and recycling, which allows for a closed-loop industry model [4]. - The Tianying Technology Park, where the company is located, is noted for having the largest power battery recycling base in the country, contributing significantly to the recycling of used batteries [4]. Group 3: Financial Performance and Future Plans - Nandu Power plans to list on the Hong Kong Stock Exchange to raise funds, as it faced a significant revenue decline of approximately 45% in 2024, with losses around 1.4 billion yuan due to market impacts and a sharp drop in profit margins from its lead recycling business [7][8]. - The company has adopted a strategy to prioritize profit margins over low-profit orders, which has affected its revenue [8]. - Nandu Power is focusing on technological advancements, including a partnership with Tailan to develop a new generation of cylindrical batteries that address fast charging and thermal management issues [13].