Liaoning Yuanxin Energy Storage Technology Co., Ltd. signed a 10GWh energy storage equipment manufacturing base and green energy project

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On May 8, Liaoning Yuanxin Energy Storage Technology Co., Ltd. successfully signed a 10GWh energy storage equipment manufacturing base and green energy project in Liaoning Chaoyang Economic and Technological Development Zone. The project was invested and constructed by Liaoning Yuanxin Energy Storage Technology Co., Ltd., a wholly-owned subsidiary of Shenzhen Yuanxin Energy Storage Technology Co., Ltd., with a total investment of approximately RMB 1.6 billion, of which approximately RMB 1.42 billion was invested in fixed assets, covering a total area of approximately 120 acres. The project plans to build two new intelligent production lines for energy storage equipment, with an estimated annual output of 10GWh batteries and energy storage systems. After completion, the project will provide approximately 230 jobs, an annual output value of approximately RMB 2.5 billion, and annual tax revenue of more than RMB 50 million.