Guangdong Provincial Energy Bureau approved the energy saving report of Exxon New Energy (Zhuhai) Energy Storage Battery (Phase I) Project

The Guangdong Provincial Energy Bureau has issued a review opinion on the energy conservation report of the Exxon New Energy (Zhuhai) Energy Storage Battery (Phase I) Project. The project complies with national energy conservation laws and policy requirements and has been approved in principle. The project will build three lithium-ion energy storage battery production lines and related facilities, with a designed annual production capacity of 9GWh lithium iron phosphate energy storage batteries.