Yiwei Lithium Energy announced the issuance of 5 billion yuan of convertible corporate bonds to expand production capacity

Yiwei Lithium Energy (SZ: 300014) plans to issue 5 billion yuan of convertible corporate bonds on the 24th to finance two major battery projects. The two projects include a 23GWh cylindrical lithium iron phosphate energy storage power battery project and another 21GWh large cylindrical passenger car power battery project. The construction of these projects will significantly increase the company's production capacity.