Jingmen invested 8.5 billion to build the largest lithium battery R&D and production base in Central China

According to Jingchu.com, on June 2, Huizhou Yiwei Lithium Energy Co., Ltd. held a dual-project launching ceremony in Jingmen City, Hubei Province, officially announcing its wholly-owned subsidiary Hubei Jinquan New Materials Co., Ltd. Square Sanyuan Battery Project and The production line of Jingmen Yiwei Lithium Battery Co., Ltd. was completed and put into operation at the same time.

It is understood that the annual production capacity of the square aluminum shell ternary battery project put into operation is 1.5GWh. So far, Yiwei Lithium Energy has built 9GWh full-line power battery capacity. Among them, square iron lithium 2.5GWh, cylindrical ternary 3.5GWh, soft package ternary 1.5GWh, square ternary 1.5GWh, comprehensive coverage of new energy special vehicles, commercial vehicles, passenger vehicles and other fields.

At present, the total production capacity of Hubei Jinquan New Material Co., Ltd. has reached 6.3GWh, and it has become one of the few enterprises in China with comprehensive solutions for power batteries. It also marks a substantial breakthrough in the construction of the 10 billion power battery industrial park in Jingmen High-tech Zone.

Hubei Jinquan New Material Co., Ltd. is a wholly-owned subsidiary of Huizhou Yiwei Lithium Energy Co., Ltd., with a total investment of 8.5 billion yuan in Jingmen, and is committed to building the largest lithium battery R&D and production base in Central China. The company and its parent company jointly applied for 920 national patents, of which 3 won the "China Patent Excellence Award". On February 28 this year, the two lithium iron phosphate batteries produced by Hubei Jinquan Company passed the CCS certification of China Classification Society of the Ministry of Transport, and were licensed as the power battery for ships and marine facilities, which opened the market for marine power batteries.

The square aluminum shell ternary power battery factory put into production this time, designed according to intelligent manufacturing standards, won the “Intelligent Manufacturing New Model Application Project” by the Ministry of Industry and Information Technology, which will provide high consistency and high reliability for passenger cars and logistics vehicles battery. At the same time, the Jingmen Yiwei Lithium Battery Co., Ltd. production line can produce 150 million cylindrical lithium manganese batteries per year. The annual output value is expected to be 540 million yuan, and the estimated tax revenue is 76.4 million yuan.

The second phase of the project also entered the stage of plant construction planning. After the project is fully completed, it will become the world's largest lithium manganese battery production base. According to reports, Hubei Jinquan Company is expected to reach 2 billion yuan in production and sales this year. It is estimated that by 2022, production and sales will reach 10 billion yuan.

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