Mengshi Technologies Construction of Watt-hour Power Lithium Battery Project

On March 19, Mengshi Technologies issued a fund-raising announcement. This private offering of 49,561,569 new shares will be listed on the Shenzhen Stock Exchange on March 21, 2017 at a price of 26.23 Yuan per share. According to the relevant business rules of Shenzhen Stock Exchange, on March 21, 2017 (i.e. the date of listing), the issuer's share price does not exclude rights, and the stock exchange is limited by the rise and fall.

Object of this offering is for Shanghai green is equity investment partnership (limited partnership), Shenzhen ding Jiang Jin accused of capital investment management co., LTD., Shenzhen inghu's capital investment management co., LTD., Shenzhen city and the investment management of the partnership (limited partnership) and Ningbo in the joint assets management co., LTD., the above issue object subscribe stock limited sales period for 36 months, or 36 months from the date of the new shares listed may not be transferred.

The private ways to raise money for 1299999954.87 Yuan, total investment in the annual output of 6 billion new energy vehicles Lithium ion batteries And pack items.

The lion raised 1.3 billion of science and technology of building capacity of 6 billion megawatts Power lithium battery project

To raise funds after the deduction of the distribution costs net plan investment projects

It is reported that the lion technology produces 6 billion WH new energy automotive lithium-ion batteries and pack the project total investment 2.99933 billion Yuan, after completion of construction, is expected to produce 6 billion WH high quality three Yuan 18650 lithium-ion battery batteries, battery pack and pack, annual output of about 7 billion Yuan, can greatly enhance the company in the field of advanced battery manufacturing status and competitiveness.

Man of science and technology, said the fund-raising project involves the subsidiary is responsible for the implementation, the issuer after putting in place a raise funds through capital injection unit or other suitable way.

According to February 28, the lion of science and technology, according to a report letters in December 1, 2016 implementation of business income is 2.033 billion Yuan, up 269.39% from a year earlier, the auto parts industry average revenue growth rate of 35.69%;Net profit attributable to shareholders of listed companies of 94.5972 million Yuan, up 3298.4% from a year earlier, the auto parts industry average net profit growth rate of 26.97%.

On March 9th, the lion is a wholly owned subsidiary of science and technology the lion new energy science and technology of Fujian province ternary power lithium ion battery production launching ceremony was held in Fujian ZhaoAn. Fujian ZhaoAn capacity of 6 GWH Lithium ion power battery Batteries of the first phase of the project production line production, the production line can produce 200 batteries per minute, its capacity is three times more than ordinary domestic production line, annual output of 80 million lithium batteries. The lion technology The ternary lithium battery power Realize the mass production, as the lion technology to establish core competence in the areas of new energy vehicles offer a powerful guarantee.

On March 12, according to official website information, new energy science and technology, Hubei lions fierce lion high-end lithium electricity industry park ceremony held in Xiangyang yicheng, the total investment of about 3.15 billion Yuan, covers an area of 457 mu, the planning and construction of 6 fully automatic production line, annual production capacity of 6 GWH, the main production capacity of more than 40 ah and square aluminum ternary power lithium battery, battery PACK and the PACK, after can be an annual output of 200000 electric cars equipped with lithium battery system. Production capacity, a phase of the project 2 GWH lithium battery, can produce about 13.5 million electric cars on side shell of lithium ion batteries.

After a half-year of trial production, the lion new energy technology co., LTD of Fujian province in lithium ion battery project zhao'an began to mass production. The value of 300 million Yuan, 260 meters long production line can produce 200 batteries per minute, its capacity is 3 times more than ordinary production line in China.

The project is invested and constructed by Guangdong lions group, is the enterprise in zhao 'an of building power treasure power technology co., LTD., after the capital increase of 3 billion Yuan to build the second project, is one of the biggest new energy lithium battery project of Minnan, main development, production and sales of automobile power lithium ion battery core components. Construction of the project is divided into three period, plan construction 6 automatic production lines, is expected to total 2017 put into production, will produce 6 billion watts lithium-ion battery batteries and PACK, available for 200000 electric car assembly, an annual output value 10 billion Yuan, the state-sponsored tax 500 million Yuan. It is understood that the next five years, the lion group plan to investment of 10 billion Yuan over Jindu industrial clusters, to build town in new energy and new energy industrial park, the lion is expected to total planning area of 2500 mu, annual output can reach 20 billion Yuan, employees 4000 people.

After the completion of the project will gradually formed a north of Fujian province ningde era of new energy, south of Zhangzhou fierce lion new energy science and technology of new energy province pattern.

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