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Tramway News: On July 22nd, the board of directors of Yiwei Lithium Energy approved the proposal to sign a "Contract" with the Jingmen High tech Zone Management Committee regarding its subsidiaries.

Hubei Yiwei Power Co., Ltd. (hereinafter referred to as "Yiwei Power"), a subsidiary of Yiwei Lithium Energy, plans to sign the Contract with the management committee of Jingmen High tech Zone to invest in the construction of 3GWh cylindrical lithium iron phosphate battery production line and auxiliary facilities projects, 0.7GWh cylindrical ternary lithium battery production line and auxiliary facilities projects, 3GWh square lithium iron phosphate battery production line and auxiliary facilities projects The total investment in fixed assets investment of the 4GWh ternary square lithium battery production line and auxiliary facilities project and the 1.5GWh ternary square lithium battery production line and process testing institute project is about 2.45 billion yuan.

Basic information of investment target

1. 3GWh cylindrical lithium iron phosphate battery production line and auxiliary facilities project and 0.7GWh cylindrical ternary lithium battery production line and auxiliary facilities project

(1) Project construction content: The total investment in fixed assets investment of the investment project is about 500 million yuan (including value-added tax). It is estimated that the output of 3GWh/year cylindrical lithium iron phosphate battery and 0.7GWh/year cylindrical ternary lithium battery can be formed after the project is completed and put into production. The total fixed assets investment of 3GWh cylindrical lithium iron phosphate battery production line and auxiliary facilities project is about 420 million yuan, and the total fixed assets investment of 0.7GWh cylindrical ternary lithium battery production line and auxiliary facilities project is about 80 million yuan.

(2) Project land: The investment project is located east of Guohao Cultural and Creative, south of Huake South Road, west of Longjing Avenue, and north of Tianle Road, which has been won by Yiwei Power.

2. 3GWh square lithium iron phosphate battery production line and auxiliary facilities project

(1) Project construction content: The total investment in fixed assets investment of the investment project is about 550 million yuan (including value-added tax), and it is estimated that the square lithium iron phosphate battery output of 3GWh/year can be formed when the project is completed and put into production.

(2) Project land: The investment project is located east of Kaixin Environmental Protection, south of Shanghai Chengdu Expressway, and north of Huake Road, which has been won by Yiwei Power.

3. 4GWh ternary square lithium battery production line and auxiliary facilities project

(1) Project construction content: The total investment in fixed assets investment of the investment project is about 800 million yuan (including value-added tax), and it is estimated that 4GWh/year production of ternary square lithium batteries can be generated after the project is completed and put into production.

(2) Project land: The investment project is located east of Longjing Avenue and south of Huake Road, which has been won by Yiwei Power.

4. 1.5GWh ternary square lithium battery production line and process testing institute project

(1) Project construction content: The total investment in fixed assets investment of the investment project is about 600 million yuan (including value-added tax), and it is estimated that 1.5GWh/year production of ternary square lithium batteries will be generated when the project is completed and put into production.

(2) Project land: The investment project is located east of Longjing Avenue and south of Huake Road, which has been won by Yiwei Power.

Yiwei Lithium Energy stated that this investment project is beneficial for both parties to fully utilize their respective resources and advantages, expand the production scale of power storage batteries, optimize the company's industrial structure, further promote the company's development in the lithium-ion power lithium battery market, enhance the company's influence and comprehensive competitiveness in the new energy industry, and is in line with the company's development strategic plan and the interests of all shareholders.

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