Yew Lee Lithium Energy планує додатково інвестувати 11 мільярдів юанів у зберігання енергії батареї

Securities Times China Securities Network News (Reporter: Zhang Xue) Envision Green announced on the evening of April 7 that its 7th session of the Board of Directors, 9th meeting, approved multiple investment proposals. The company plans to build energy storage battery production bases in Qidong, Jiangsu and Shanghang, Fujian, with a total planned capacity of 110 GWh and a total investment of approximately 11 billion yuan.

According to the announcement, Envision Green intends to sign an “Investment Cooperation Agreement” with the Qidong Municipal People’s Government, to invest in and build a 50 GWh energy storage (power) battery production base in the Qidong Economic Development Zone. The project’s total investment is approximately 5 billion yuan, and the land area is approximately 332 mu. At the same time, Envision Green also plans to sign an investment agreement with the Shanghang County People’s Government, to invest in and build a 60 GWh energy storage battery production base in Bisha New Materials Sci-Tech Valley in Shanghang, Fujian, with a planned total investment of approximately 6 billion yuan.

Both of the above two investments still need to be submitted to the company’s shareholders’ meeting for deliberation. In addition, Envision Green also examined and approved the signing of a “Joint Venture Agreement” with Fujian Longjing Environmental Protection, under which the parties plan to jointly invest in establishing a joint venture company to carry out relevant business. On the same day, the board agreed to provide a guarantee letter to its subsidiary EVEPower Hungary Kft., with an amount not exceeding 42 million euros, with a term not exceeding ten years.