Shanxi Huana Core Energy Technology and Keda New Energy Technology signed a strategic cooperation agreement

On March 15, Shanxi Hua Na Xin Neng Technology Co., Ltd., a subsidiary of Huayang Group, and Keda New Energy Technology Co., Ltd., a subsidiary of Keda Automation, signed a strategic cooperation agreement and reached a sales contract for 10,000 sets (1 million cylindrical batteries) of sodium ion battery packs. The two parties agreed to jointly promote the application of sodium ion batteries in the field of electric bicycles and strengthen cooperation in the development, market application and commercial promotion of sodium ion battery packs for electric bicycles.