Hunan Zhonglong Energy Co., Ltd. established a production base in Hotan County

Hunan Zhongdeng Energy Co., Ltd. recently announced that it will establish a new production base in Hotan County, focusing on the production of 1GWh titanium-lithium high-energy power batteries per year. The company is a comprehensive new energy enterprise, with businesses covering mineral mining, environmental protection new materials research and development, new energy equipment manufacturing and other fields. The construction of the new factory will bring about 1.5 billion yuan in operating income to the local area and achieve an average annual net profit of about 440 million yuan during the entire calculation period.