[China Innovation Aviation Battery Base officially starts construction] Against the backdrop of accelerating vertical integration in the new energy vehicle industry chain, a joint venture deeply bound by a "car company+battery factory" has quickly landed. On November 28, 2025, the Zhongling New Energy Power Battery Intelligent Manufacturing Base project, jointly invested and built by China Innovation Aviation and Zero Run Automobile, officially started construction in Wuyi County, Jinhua, Zhejiang Province. The entire process from the approval of the joint venture proposal to the start of the project only took four months. The total investment of this project is 7.5 billion yuan, and it is jointly funded by both parties to establish Zhongling New Energy Technology (Zhejiang) Co., Ltd., which is responsible for construction and operation. Zhongchuang Aviation holds 51% of the shares, and Zero Run Automobile holds 49%. The base is planned to start production in June 2026, and after reaching full capacity, it will form an annual production capacity of 33.6GWh for power battery systems, with an expected annual output value of over 10 billion yuan. This cooperation is a deepening of the strategic relationship between the two parties. Since 2021, Zhongchuang Chuanghang has become the main battery supplier for Leapmotor. Currently, Zhongchuang Aviation ranks among the top three in the domestic power battery market, while the delivery volume of Zero Run cars has continued to rise since 2025, and achieved the annual delivery target of 500000 vehicles 45 days ahead of schedule in November. The establishment of this joint venture base will significantly enhance the supply chain autonomy and cost control capabilities of Zero Run Automotive, while helping China Innovation Airlines further consolidate its market share and production capacity layout. The rapid progress of the project also reflects the new trend of accelerating collaboration in the current new energy vehicle industry chain to enhance competitiveness. Editor/Yang Beihua

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• 2025.12.12 17:31
• [State owned enterprise Xiong'an Science and Technology Innovation]
• As a landmark project undertaken by a state-owned energy enterprise to relocate non capital functions in Beijing, Xiong'an Science and Technology Innovation Park has officially started construction. This project focuses on building a new energy system, aiming to create an innovative highland that integrates technology research and development, achievement transformation, and industrial incubation. The project will deeply integrate various clean energy sources such as geothermal and photovoltaic, create a nearly zero carbon demonstration park, and plan to introduce national innovation platforms and high-end talents, focusing on cutting-edge fields such as smart energy and hydrogen energy. This move is not only an important measure for central enterprises to serve the construction of Xiong'an New Area and implement the "dual carbon" goals, but also a powerful push for the high-end, intelligent, and green development of the energy industry in the new area, injecting strong impetus into the creation of a world-class green and smart new city.Editor/Bian Wenjun

• 2025.12.12 17:30
• [Kaiping International Wealth Plaza lays foundation and starts construction]
• The groundbreaking ceremony for the Kaiping International Wealth Plaza project, with a total investment of 180 million yuan, officially kicked off the construction. This project is undertaken by China Construction Third Engineering Bureau and is one of the key projects promoting the "High Quality Development Project of Hundred Counties, Thousand Towns, and Ten Thousand Villages" in Kaiping City. The project is located in Sanbu Street, Kaiping City, with a total construction area of approximately 32000 square meters. It will build a 15 story hotel and a 7-story office building, as well as a commercial podium. After completion, it will integrate accommodation, business, catering, and entertainment, becoming another important urban commercial complex and new landmark in Kaiping City. The commencement of this project will not only effectively enhance the quality of urban functions and meet the diverse consumption needs of citizens, but also provide a large number of job opportunities for the local area, injecting new vitality into the high-quality development of the economy in Kaiping city.Editor/Bian Wenjun