At the port of Kotka, the sea breeze carries the unique coolness of the Baltic Sea, but cannot dissipate the heat of the construction site. Here, a once silent land is awakening, and in the coming years, a modern lithium battery cathode material factory will emerge. For Dangsheng Technology, this is not only an expansion of its geographical territory, but also a key landing for its deep penetration into the European hinterland and proximity to high-end customers. Recently, the arrival of a huge sum of funds has made this grand blueprint within reach.

A huge sum of money poured into bags to quench thirst

Finland has officially signed a green project financing agreement with an international consortium, with a total amount of 514.4 million euros. This funding is exclusively provided by Societe Generale as the financial advisor, jointly led by French Foreign Trade Bank, and brings together financial forces such as DNB Bank in Norway, Industrial and Commercial Bank of China, ANZ Bank in the Netherlands, and Standard Chartered Bank. In addition, the Finnish export credit agency Finnvera and the Chinese Export Credit Insurance Corporation have further strengthened the financial foundation of the project. This is not only a loan, but also a vote of trust from the international capital market for Dangsheng's technological strength and European strategy.

Kotka builds new factory

The project is located in Kotka, southern Finland, with a superior geographical location and convenient logistics. The first phase of the project is planned to have an annual production capacity of 60000 tons, and will fully adopt industry-leading process technology and strictly implement high environmental protection standards. This coincides with the increasingly stringent carbon footprint requirements in the current European market. After completion, this factory will become a highly competitive green industry base in Europe, directly radiating to the entire Nordic and Central European markets, effectively shortening the supply chain radius.keywords:New energy information network

Lock in mainstream large orders

Behind the production capacity is the support of orders. With the advancement of factory construction, Dangsheng Technology will have the ability to directly supply global leading battery companies such as LG New Energy, Farview Power, and SK On. This localized production model can not only avoid the carbon emissions and cost pressures caused by long-distance transportation, but also quickly respond to customer needs and solve the pain point of "material shortage" in the European battery industry chain. For Dangsheng Technology, which is striving to enter the global market, the Finnish base will become its trump card overseas, significantly enhancing its voice and risk resistance in the global lithium battery industry chain.Editor/Yang Meiling