On September 29, 2024, the production project of Zhongdao Titanium Lithium High Energy Power Battery and Energy Storage Cabinet PACK located in the Zero Carbon Industrial Park of Binhai Port, Yancheng, Jiangsu officially started. The project was built by Hunan Zhongdao Energy Co., Ltd. with an investment of 1.2 billion yuan, aiming to construct two production lines with cutting-edge technology, with an expected annual production capacity of 2GWh. After the project is fully put into operation, it is expected to achieve an annual sales revenue of 2.1 billion yuan and an annual tax payment of over 100 million yuan.

Moreover, Zhongdao Energy's layout in Chengdu, Sichuan is also remarkable. As early as September 10th, Zhongdao Energy held the groundbreaking ceremony for the annual production of 6GWh titanium lithium high-energy power battery project in the third phase of the aviation industry park in Xindu District, Chengdu, Sichuan. This project is the result of the joint cooperation between Xindu District and Hunan Zhongdao Energy Co., Ltd., with a total investment of up to 3 billion yuan and a grand scale. According to the project plan, six production lines will be constructed in stages, and it is expected to comprehensively increase production capacity through the gradual progress of the third phase of the project.

The two major projects of Zhongdao Energy in Yancheng, Jiangsu and Chengdu, Sichuan not only demonstrate the company's profound strength and strategic vision in the field of new energy, but also reflect its precise grasp of market demand and firm confidence in future development. With the smooth progress and production of the project, Zhongdao Energy is expected to achieve more significant achievements in the field of titanium lithium high-energy power batteries and energy storage cabinet PACK, contributing more to the development of China's new energy industry.Editor/Zhang Liyuan