Recently, Tongxing Technology announced that it has officially signed an investment cooperation framework agreement with the People's Government of Pingshan County, Sichuan Province. The company plans to invest in the construction of a project with an annual output of 100000 tons of sodium positive electrode materials and 6GWh battery cells in the local area, comprehensively laying out the sodium ion battery industry chain.

According to the agreement, the total planned investment for this project is approximately 3.2 billion yuan. Among them, the investment in the annual production of 100000 tons of sodium positive electrode materials project is about 2 billion yuan, and the investment in the supporting 6GWh battery cell project is about 1.2 billion yuan. This is an important strategic layout of Tongxing Technology in the field of new energy, and also a key measure for the company to promote business transformation.

Tongxing Technology stated that sodium ion batteries, as an important direction for the next generation of energy storage technology, have advantages such as low cost, abundant resources, and high safety. If this project progresses smoothly, it will accelerate the implementation process of the company's sodium ion battery materials and other production capacity, and quickly form large-scale production capacity. This will not only help enhance the company's future profitability and market competitiveness, but also promote the rapid formation of the company's second growth pole, providing important support for the company's strategic transformation.

It is worth noting that this investment coincides with the upcoming important conference in the new energy industry. In November 2025, the 10th International Summit on Power Battery Applications (CBIS2025), jointly hosted by the China Chemical and Physical Power Industry Association and Battery China Network, will be held in Shanghai. The summit will be themed "New Era of Global Supply Chain Regionalization" and will delve into the development trends of the global power battery industry chain. Keywords: Energy Storage Latest News, Energy Storage New Energy News

Industry experts point out that with the rapid development of new energy vehicles and energy storage markets, the industrialization process of sodium ion batteries is accelerating. Tongxing Technology's significant investment not only reflects the company's firm optimism towards the sodium electricity technology route, but also demonstrates its determination to seize the high ground of the new energy track. The implementation of this project will further improve the layout of China's sodium ion battery industry chain and inject new impetus into the development of the new energy industry. Editor/Yang Beihua