Nandu Power expanded lithium-ion battery production capacity with 1.78 billion yuan

Nandu Power expanded its lithium-ion battery production capacity with 1.
78 billion yuan to meet the company's product structure adjustment, industrial upgrading and sustainable development needs
.

The company said that the shipment of power lithium-ion batteries has grown rapidly, the demand for orders has increased significantly, and the existing production capacity can no longer meet the needs of the future market, so the company intends to comprehensively improve lithium battery production capacity and further optimize the product structure
through the power lithium battery technology transformation project.

It is reported that the total investment of the project is 1.
781 billion yuan, of which the investment in fixed assets is 1.
436 billion yuan, the working capital of the project is 345 million yuan, and the construction period is two years
.
After the completion of the project, the company's total lithium-ion battery production capacity will be increased from the original 1200 MWh to 3500MWh, of which the ternary material power lithium-ion battery production capacity will be greatly increased, and it is expected to reach 1600 MWh; The lithium-ion battery production capacity of lithium iron phosphate material will reach 1900MWh
.
At the same time, since the investment is planned to be implemented by its wholly-owned subsidiary, Nandu Power, the company will increase the capital of Nandu Power, with a total amount of no more than 1.
781 billion yuan
.