Shangtai Technology will invest 125 million yuan in R&D in 2023 and build its own production line

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In 2023, Shangtai Technology's investment in research and development reached 125 million yuan. In order to facilitate research and development and test product performance, the company also built a small-scale production line for lithium-ion batteries. In addition, the company is also researching new technology routes such as silicon-carbon negative electrode materials.