Core Viewpoint - The company has decided to change the use of unutilized fundraising of 366 million yuan from the "Energy Storage Lithium Battery System R&D and Industrialization Project" to the "Green Low-Carbon Technology Transformation Project for Data Centers," pending approval from the shareholders' meeting [1][4]. Summary by Sections Project Overview - The original plan for the "Energy Storage Lithium Battery System R&D and Industrialization Project" included purchasing production and R&D equipment to expand the production capacity of energy storage lithium battery systems, aiming to enhance the company's competitiveness in the electrochemical energy storage industry. The project is expected to add 2 GWh of energy storage lithium battery cell and system assembly production lines upon completion, with a total investment of 540 million yuan and a construction period of 24 months [3]. Financial Details - The total investment amount for the project is 540 million yuan, with the company planning to use 440 million yuan of the raised funds. After the adjustment, the total amount of raised funds for investment will be 361 million yuan. The implementation will be carried out by the company's subsidiary, Guangdong Kexin Juli New Energy Co., Ltd., with the expected operational date set for January 8, 2026. As of July 31, 2025, the unutilized balance of the raised funds is 365.87 million yuan [3][4]. Reason for Change - The company cited significant changes in the market environment and increased competition in the energy storage industry as reasons for changing the fundraising project. After thorough research and analysis, the company decided to redirect the funds to the "Green Low-Carbon Technology Transformation Project for Data Centers," which has already undergone pilot testing and market validation. The company will also adjust its product strategy in the energy storage business to focus on high-integration, high-value-added system-level energy storage products, while sourcing basic cells and modules from external suppliers for better cost-effectiveness [4].
3.66亿元储能锂电池项目被叫停!