Xinjie Energy's new generation lithium metal solid-state battery project is scheduled to start construction in September this year

Shenzhen Xinjie Energy Technology Co., Ltd. (Xinjie Energy) plans to invest about RMB 3 billion in the Jintan Economic Development Zone of Jiangsu Province to build a new generation of lithium metal solid-state battery project. The project is expected to start construction in September this year and will be built in two phases. Once Phase I and Phase II are fully put into production, it will be able to achieve an annual new generation of lithium metal solid-state battery production capacity of 5GWh.