Guangdong-Hong Kong-Macao Greater Bay Area, as one of the important gathering places for the lithium battery industry in China, has gathered many well-known consumer and power battery customers at home and abroad; in order to get closer to the South China market and meet customers' demand for coated diaphragms and automation equipment products. The company plans to invest in the construction of diaphragm coating production and lithium battery equipment projects through the establishment of a wholly-owned subsidiary. The total planned investment of the project is about 5.2 billion yuan. The project includes a diaphragm coating production base with an annual output of 4 billion square meters and a lithium battery automation equipment manufacturing base.

Zhaoqing City, Guangdong Province, as the core city of the Guangdong-Hong Kong-Macao Greater Bay Area, is one of the important areas where power battery customers gather in China. The company's investment in the construction of a production base in Zhaoqing City, Guangdong Province will help accelerate the company's diaphragm coating and automation equipment business. Production capacity Construction, enhance the company's research and development capabilities, give full play to the industrial synergy between diaphragm coating and lithium battery equipment, and serve downstream customers nearby.