Core Viewpoint - The article highlights the commencement of the Shandong Baimingcheng lithium battery control board and energy storage system project, which is expected to significantly contribute to the local economy and the lithium battery industry [1]. Group 1: Project Overview - The Baimingcheng project was signed on February 10 in the Jining Qufu Economic Development Zone with a total investment of 1.06 billion yuan [1]. - Upon completion, the project is expected to produce approximately 500,000 units of intelligent high and low voltage automotive and energy storage general BMS protection boards, 500,000 sets of intelligent chargers, 300,000 sets of motor controllers, and a lithium battery energy storage system with a capacity of 10 GWh [1]. - The anticipated annual output value of the project is estimated to reach 2 billion yuan [1].