[China Innovation Aviation Xinyang Power Battery Base officially starts constructio] On January 10, 2026, the Zhongchuang Aviation Xinyang Power Battery Base with a total investment of 12.7 billion yuan officially started construction in the Southeast Henan High tech Zone. The core investment of the project is 9.63 billion yuan, covering an area of 607 acres, and will build a 51GWh power and energy storage battery production capacity, reserving space for the iteration of new generation battery technology. As a leading global power battery enterprise, this project has only been signed and started for over four months. It is planned to be put into operation in October this year, with an annual revenue of up to 12 billion yuan and 3000 job opportunities after full production. It will drive the agglomeration of upstream and downstream industries, and help upgrade the Xinyang new energy industry chain and promote the green rise of revolutionary old areas.Editor/Bian Wenjun

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• 2026.01.15 17:22
• [Ningde Times Saudi Service Center is now operational]
• On January 10, 2026, CATL's "Ningjia Service" Middle East's first experience center was opened in Riyadh, Saudi Arabia, which is also its largest overseas new energy aftermarket service facility. The center covers an area of over 7000 square meters and provides full lifecycle services such as battery diagnosis, maintenance, and recycling, covering seven major categories including passenger cars and energy storage systems, and is suitable for the high-temperature sand and dust environment in the Middle East. Relying on a localized certification team and a global spare parts network, it will radiate to countries such as the United Arab Emirates and Qatar, helping Saudi Arabia's "2030 Vision" and injecting momentum into the energy transformation of the Middle East.Editor/Bian Wenjun

• 2026.01.15 17:22
• [Saudi Basic Industries Company sells two major assets worth 6.6 billion yuan]
• On January 8, 2026, Saudi Basic Industries Corporation (SABIC) announced the sale of two major assets for 6.6 billion yuan (950 million US dollars), selling its European petrochemical business to Aequita for 500 million US dollars and its European and American engineering plastics business to Mutares for 450 million US dollars. The sale of assets covers multiple countries' pharmaceutical production bases and various polymer facilities, aiming to divest non core businesses, alleviate high cost pressures in Europe, concentrate resources on high profit areas and growth markets such as China, and optimize capital returns and cash flow.Editor/Bian Wenjun