Ningde era to 10 billion building power battery production base in yibin in sichuan province

Learned, on September 25, ningde era project investment agreement signed with the yibin city government, the two sides will establish a comprehensive strategic partnership, and western new energy industry base. The project the total area of about 1000 mu, of which the first phase of the project covers an area of about 400 mu, the project phase ii covers an area of about 600 mu. The construction project investment will increase the company's capital expenditure and cash payments, but in the long term has a positive impact on layout and business performance, heat and cold source system flow chart in the interests of the company all the shareholders. According to the announcement of project construction, with two issue of no more than 26 months, since the construction of phase ii project in a period of two years after the production start, the final will be subject to the actual construction situation. Announcement, polysilicon workshop dangerous yao is one of the important base of auto industry in western sichuan, in the automobile industry has a broad consumer market, the new glass power projects abundant industrial foundation and strong ability of technology innovation. Polysilicon workshop dangerous yao qi qi the highest temperature heat transfer capacity layout will further improve the company the investment items, meet the needs of the company's future business development and market expansion. Related to photovoltaic professional announced on September 26th morning ningde era, said the company held on September 25, 2019, the second session of the 8th meeting of the board of directors reviewed and adopted the 'about investing in power battery manufacture base of yibin project bill, according to company strategy development plan, in order to further promote the company battery capacity, layout in yibin city of sichuan province investment construction power battery manufacturing base, the project total investment of not more than RMB 10 billion yuan. Era of ningde power battery in yibin investment construction projects, and gradually build a complete new energy battery and core upstream and downstream industry chain system, to develop polysilicon factory based in sichuan, colorful bay to recruit facing southwest, radiation throughout the country, & other One Belt And One Road & throughout; The new energy industry base in the west of China.