On November 16, Tianjin Lishen Battery Co., Ltd. (hereinafter referred to as Lishen Battery) attended the 2021 Wuxi Xishan Golden Autumn Investment Cooperation Conference and signed a major industrial project. It plans to build Lishen New Energy Industry Base and R&D in Wuxi Xishan Center project.
It is reported that the total investment of the Lishen New Energy Industrial Base and R&D Center project is 11.2 billion yuan, and the total land area of the project is about 800 mu. Among them, the new energy industry base project is planned to occupy 710 acres of land and is located in Ehu Town, Xishan District. It is planned to construct an annual output of 24GWh lithium-ion batteries. The project is planned to be constructed in two phases. It will start in 2022, and it is estimated that the first phase of construction will be completed by the end of 2023, and the annual sales are expected to reach 15 billion yuan after the full capacity is reached.
In addition, the R&D center project is planned to use about 90 acres of land and is located in Xishan Economic and Technological Development Zone. It plans to carry out innovative activities such as R&D, testing, and testing to serve the R&D needs of Lishen Battery and its affiliates.
Zhang Qiang, general manager of Lishen Battery, said at the meeting that Lishen Battery’s new energy base project will be an important part of the company’s layout in the East China market. Levels of in-depth cooperation, give full play to the technological advantages of Lishen's deep cultivation of the lithium battery industry for more than 20 years, and combine with the upstream and downstream of the new energy industry in Xishan and surrounding areas to build a new energy industry chain in Xishan, and jointly create a closer new energy industry ecology in southern Jiangsu lock up.
According to data, Lishen Battery is a state-controlled mixed-ownership high-tech enterprise founded in 1997 with a registered capital of approximately RMB 1.73 billion. Its products are mainly used in consumer electronics, new energy vehicles (new energy vehicles) and storage Can be in three major areas. According to data released by SNE Research, in the Top 10 list of global power battery installed capacity in September, 6 battery manufacturers in China were on the list. Among them, Lishen Battery successfully entered the list with a 422.2% increase and ranked ninth.
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