Kexiang shares terminated 2 billion yuan sodium ion battery project

Kexiang Co., Ltd. decided to terminate the 6GWh sodium-ion new energy battery project worth 2 billion yuan signed a year ago. The company originally planned to enter the new energy field, and at the same time deploy sodium-ion battery cells and positive electrode materials to build an integrated industrial chain. However, due to strategic development and other factors, the company finally decided to cancel this investment project.