On the morning of April 24, 2024, Phylion Power Chuzhou's annual 4GWh lithium-ion battery project started construction grandly in the Sino-Singapore Suchu High-tech Zone. Municipal Party Committee Secretary Xu Jiwei personally announced the launch of the project. This major project, with a total investment of 1.83 billion yuan, is scheduled to complete factory construction in September this year and be fully completed and put into operation in December. It is expected to achieve an annual output value of approximately 2.34 billion yuan after being put into operation, injecting new impetus into Chuzhou's economic development.

Phylion Power Chuzhou will fully rely on its own advantages in technology, market, talent and management, and is committed to building the Chuzhou base into an internationally leading standardized, intelligent and green battery manufacturing factory. By introducing advanced production lines, we ensure the continuous improvement of product quality, and at the same time continuously enhance the competitiveness of the enterprise. Guided by a global perspective and multi-scenario applications, we strive to move towards the leading position in the new energy segment industry.

During the construction process, Phylion Power Chuzhou will strictly control the quality of the project, carefully organize, manage and construct, ensure that the project is completed on time and with quality, achieve completion and put into production as soon as possible, and contribute new momentum to the development of new productivity in Chuzhou.

In recent years, the Sino-Singapore Suchu High-tech Zone has always focused on specialization and specialization, taking the new energy battery industry as a key development area. Through a series of measures such as precise investment promotion, service optimization and project implementation, we have successfully introduced high-quality projects such as Fudi Battery, Phylion Power Supply, and Boshi High-Tech. Up to now, the park has implemented 23 new energy battery industry projects, laying a solid foundation for Chuzhou to build the second city of power battery industry in the province.

In the future, Sino-Singapore Suchu High-tech Zone will continue to dig deep for project clues, allocate high-quality resources, continue to increase project investment, continuation and construction efforts, strive to achieve more breakthrough results, and make greater contributions to the rapid development of Chuzhou’s power battery industry. contribute.Editor/Cheng Liting