SUNWODA(SZ:300207) 鑫椤锂电·2025-07-21 01:56Core Viewpoint - The establishment of the second phase of the Zhejiang XWANDA power battery production base project is a significant step for the company to strengthen its position in the new energy industry and contribute to the development of the new energy sector in Zhejiang [1][3]. Group 1: Project Overview - The second phase of the project has been accepted for environmental assessment, covering an area of approximately 192,750.13 m² and aiming to achieve an annual production capacity of 20 GWh of new energy power batteries [1]. - The first phase of the project, in collaboration with local state-owned assets, aims to build a total production capacity of 50 GWh, with a total investment of 21.3 billion yuan, and will be implemented in two phases [3]. Group 2: Company Background - Zhejiang XWANDA Power Battery Co., Ltd. was established in 2022, located in Yiwu City, Zhejiang Province, and is jointly held by XWANDA Power Technology Co., Ltd. and Zhejiang Yixin Power Battery Co., Ltd., with the latter backed by local state-owned assets [2]. - The project includes various facilities such as research and development offices, lithium battery cell production, modules, testing warehouses, and living quarters, enhancing the company's resilience and sustainable development capabilities in the new energy sector [3].