Byd to adjust power battery strategic direction of opening to the outside world

Announced on June 7, byd, non-public stock to raise money to improve the company's efficiency, complying with the strategic direction of company power battery opening to the outside world, quicken the construction of company power battery capacity, the company's board of directors agreed to adjust the changes of non-public company stock offering investment project "iron power lithium ion battery expansion project USES part of the funds and increase the implementation main body.

Byd plans to the original offering investment project "iron power lithium ion battery expansion project to raise funds total changed from 6 billion yuan to 6 billion yuan, the raise funds for investment in qinghai 1 billion of the construction of the" annual output of 12 gigawatts power lithium battery construction project ", this change USES part of the fund-raising account for 6.96% of the actual net to raise funds of the company as a whole.

According to understand, new offering investment project "of 12 gw power lithium battery subject to the implementation of the construction project "byd is a wholly owned subsidiary of qinghai byd lithium battery co., LTD., the investment needed for its other than to raise money by oneself to solve qinghai byd lithium battery co., LTD.

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