Hunan Zhongdeng Energy Company signed two power battery projects with a total investment of more than 1.8 billion yuan

Against the backdrop of overcapacity in power batteries, Hunan Zhongdeng Energy Co., Ltd. (Zhongdeng Energy) continues to expand its production capacity and recently signed two power battery projects with a total investment of more than RMB 1.8 billion. The two projects are located in Hotan and Binhai, with investments of RMB 633 million and RMB 1.2 billion respectively, and are expected to start construction in July and soon.