On the afternoon of February 2, a grand ceremony was held in Guangling District, Yangzhou City, Jiangsu province, marking the official signing of the new energy storage battery project. The signing of this project not only represents a solid step in the field of new energy in Guangling District, but also injected new vitality into the local economic development.

It is reported that the total investment of the new energy storage battery project signed this time is as high as 5 billion yuan, which is the first such large-scale manufacturing project newly signed in Guangling District since 2024. The project plans to build an advanced energy storage battery production line, which is expected to reach a total capacity of 14GWh. This scale of production capacity will make Guangling District occupy an important position in the field of new energy storage batteries, which is expected to bring significant growth to the local economy.

According to the forecast, the project can achieve an annual output value of about 15 billion yuan after the completion of the project, and the annual tax is not less than 600 million yuan. This will bring huge economic benefits to Guangling District, and will also enhance the local financial strength to provide more quality public services for local residents.

In addition to the energy storage battery production project, China Railway Investment Industrial Co., Ltd. also plans to build a new provincial and above new energy industry research institute in Guangling. The institute will be committed to the research and development of cutting-edge technologies related to new energy, promote the industrial transformation of scientific and technological achievements, and provide strong technical support for the development of new energy industry in Guangling District.

Guangling District has been committed to building a new energy industry cluster, the signing of the new energy storage battery project and the construction of the new energy industry Research Institute will inject strong impetus into the new energy industry of Guangling District. In the future, Guangling District will continue to increase its support for the new energy industry, promote the high-quality development of the new energy industry, and contribute to the prosperity and sustainable development of the local economy. Editor/Xu Shengpeng