Core Insights - The article highlights the approval of the first phase of the 51GWh power battery and energy storage battery system project by Zhongchuang Xinhang in Handan, Hebei, with a total investment of 540 million yuan [1] Project Overview - The project is set to commence on September 29, 2025, covering a total land area of 635 acres and a total construction area of approximately 390,000 square meters [1] - The first phase will include the construction of various facilities such as electrode workshops, cell workshops, integration workshops, PACK workshops, structural component warehouses, finished product warehouses, and an intelligent manufacturing service center [1] - Upon completion, the first phase is expected to achieve an annual production capacity of 12GWh for power batteries and energy storage batteries [1]