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On the morning of November 5, the completion and commissioning ceremony of the 40000 ton lithium battery electrolyte project of the second phase of Kunlun Material Huzhou, a key domestic new energy project, was successfully held. After nearly five years of rapid development, Huzhou Kunlun has developed from the phase II project that has been successfully put into operation to the phase III project that will be put into operation next year. The development trend is promising and the status of the leading company in the field of electrolyte in China has been stabilized.

It is reported that the second and third phases of the Kunlun Materials Huzhou project have reached their full capacity and are expected to become the first private company in the history of Heping Town, Changxing County, with an output value of more than 10 billion yuan. Lin Min, secretary of the Heping Town Party Committee, said that the local party committee and government will continue to uphold high-quality services and make seamless connection with subsequent projects, promote the rapid and efficient development of Kunlun Materials, and strive to create the best environment for the company's development.

At the completion and production ceremony, Mr. Guo Yingjun, chairman and general manager of Kunlun Materials, reviewed the first five years of Kunlun Materials' development in Changxing, from production to process technology, to the improvement of research and development strength, and finally to the strong support and trust of the government and friends from all walks of life, which led to Kunlun's achievements today.

In the future, Kunlun Materials will continue to focus on customer needs, strengthen scientific and technological innovation, enhance service awareness, and strive to improve its own advantages to build a highly innovative and growing first-class company in the field of battery materials. Guo Yingjun, chairman of Kunlun Materials, also introduced the company's layout and planning in the past two years to the guests attending the ceremony.

Industry data shows that in the first three quarters of this year, the sales volume of new energy vehicles in China's market was 4.567 million, and the penetration rate of new vehicles reached 23.45%. In terms of power lithium battery, in the first three quarters of this year, the installed capacity of power lithium battery in China's market was about 200.38GWh, up 110.7% year on year. In fact, not only in China, but also in Europe and North America, the new energy vehicle and power lithium battery market has also shown a high rise in recent years. The development of the global new energy vehicle industry has far exceeded expectations.

Under the background of carbon peak and carbon neutrality strategy, the energy structure is gradually transforming. Clean energy represented by photovoltaic and wind power is rapidly introduced, and energy storage batteries will play an important role in clean energy. As the key core material of lithium battery and sodium battery, electrolyte plays an important role in improving battery performance and promoting battery technology iteration. Based on the high certainty and rising expectations of the market, the downstream power lithium battery is about to usher in the era of TWh development. The production of head power and energy storage battery companies is planned to be in the hundreds of GWh by 2025. According to this calculation, in the next few years, the demand scale of power and energy storage batteries for electrolyte will evolve from ten thousand tons and one hundred thousand tons to one million tons. From the perspective of industrial coordinated development, as the power lithium battery market is about to enter the TWh era, the entire industry will put forward new challenges and requirements for high-quality and efficient delivery of electrolyte. Therefore, with the completion and operation of the 40000 t/a electrolyte project of Yienke in Kunlun, Huzhou, the company's delivery capacity will be further improved and the development of downstream customers will be assisted.

With the announcement of the completion of the project by He Zhiqiang, Chairman of the CPPCC Changxing County, the 40000 ton lithium battery electrolyte project of the second phase of Kunlun Material Huzhou was officially put into operation. In the future, Kunlun Materials will further focus on the battery material industry, continue to expand its business fields, strive to be the leader of the global electrolyte industry, and work with industry chain partners to contribute Kunlun's strength to the realization of the dual-carbon strategy and industrial transformation.

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