On August 30th, the CORNEX Xiangyang 70GWh Lithium Battery Industrial Park project was officially put into operation in Xiangyang High tech Zone, marking the transition of this super factory with a planned annual production capacity of 70GWh from the engineering construction, equipment installation and commissioning stage to the production and operation stage. At this point, CORNEX's "one headquarters, four bases" pattern has officially landed, continuing to solidify its position as a leading global lithium battery enterprise.

The CORNEX70GWh lithium battery industry park project will be launched on October 28, 2025, and it will only take 10 months from groundbreaking to the first batch of products being produced. The project covers an area of 1608 acres and has a construction area of 1.05 million square meters. It is currently one of CORNEX's most intelligent and vertically integrated production bases. The project focuses on the two core tracks of energy storage and power. After production, it will mass produce 100Ah, 588Ah, 648Ah and higher capacity large-scale energy storage batteries, high rate super fast charging power batteries and other safer and more efficient full scenario products. After reaching full production capacity, nearly 400000 batteries will enter the global market every day, with an expected annual output value exceeding 30 billion yuan and driving employment for more than 5000 people.

CORNEX Chairman Dai Deming stated that Xiangyang Chuneng has achieved its production target two months ahead of schedule. After the project is put into operation, a high-speed flexible production line equipped with industry-leading intelligent systems and high-precision equipment will be compatible with the production of Chu Neng's independently developed new generation products, with leading advantages such as large capacity, high energy efficiency, long cycle, and high rate. CORNEX will seize the golden opportunity of industrial development, and build the competitiveness of Xiangyang Chuneng from all aspects such as talent, management, manufacturing, quality, and market. We will fully promote the rapid production, efficiency improvement, and quality enhancement of projects, and empower the development of Xiangyang region with practical work and responsibility.

In the future, CORNEX will focus on the dual core track of "energy storage+power", adhere to the development strategy of technological innovation and product leadership, continue to increase research and development investment, constantly expand product application boundaries, and meet the diversified needs of the global market with higher performance and better quality product solutions, contributing to the global energy transformation with the power of Chu Energy.