Xingyuan Materials established a diaphragm factory in Penang, Malaysia, with a total investment of RMB 5 billion

Xingyuan Materials' subsidiary Innovent has established a diaphragm factory in Penang, Malaysia. The total investment in the first phase of the project is RMB 5 billion, and it is expected to produce 2 billion square meters of lithium-ion battery wet-process diaphragms and supporting coated diaphragms annually.