Nearly 4 billion lithium battery project contracted by Far East Smart Energy

On April 27, Far East Foster Energy Co., Ltd. (abbreviation: Smart Energy Stock Code: 600869), Far East Foster New Energy Co., Ltd. (referred to as: Far East Foster) "annual production of 3G watt-hour high energy density power storage The signing ceremony for the lithium battery R&D and industrialization project was held in the Far East Foster Industrial Park in Yichun Economic and Technological Development Zone, Jiangxi. Yichun City Party Committee Secretary Deng Baosheng, Yichun Municipal Party Committee Deputy Secretary, Mayor Zhang Xiaoping City, four sets of relevant leaders, Yichun Economic Development Zone Party Working Committee Secretary, Management Committee Director Ying Qinjin, Far East Holding Group Co., Ltd. Director, Smart Energy Chairman, Far East Foster Chairman Jiang Chengzhi, Smart Energy Director, Far East Foster Director, General Manager Cai Dong, Far East Foster Vice Chairman Cai Daoguo, Yichun Development Zone and Industrial Park Main Leader, Far East Foster Senior leaders and representatives of nine banks attended the signing ceremony. Zhang Jialiang, deputy mayor of Yichun City, presided over the signing ceremony.

Far East Foster's "3G watt hour high energy density power storage lithium battery R & D and industrialization project" signing ceremony

Director of Far East Holding Group, Chairman of Smart Energy, Chairman of Far East Foster Jiang Chengzhi spoke at the signing ceremony

On behalf of Jiang Chengzhi, he expressed his heartfelt gratitude to the Jiangxi Provincial Party Committee and the Provincial Government, the Yichun Municipal Party Committee and Municipal Government, the Development Zone Management Committee and all levels of departments for their concern and support to Far East Foster, and reported the Far East Foster. The construction scale, technical advantages and long-term development plan of the contracted “Development and Industrialization Project of 3G Watt-hour High Energy Density Power Storage Lithium Battery”.

Jiang Chengzhi pointed out that over the years, Far East Holding Group has adhered to the development strategy of “main business + investment”. Smart Energy is committed to becoming a smart energy expert, namely the world's leading smart energy and smart city system service provider. Far East Foster is a wholly-owned subsidiary of Smart Energy. It is a leading enterprise specializing in lithium batteries and power batteries. The production and sales scale of 18650 lithium batteries is China ** and the third in the world. It has been with Jiangling, Dongfeng, Zotye, Chery and Shaanxi Automobile. New energy vehicle manufacturers such as Tongjia have sold nearly 40,000 sets of power batteries, and have successfully entered the enterprise catalogue of the “Regulations for Automotive Power Battery Industry” by the Ministry of Industry and Information Technology. It is the key support target of the national new energy automobile industry policy.

Under the strong support of the Jiangxi Provincial Party Committee and the Provincial Government, the Yichun Municipal Party Committee and the Development Zone Management Committee, Smart Energy decided to invest a total of nearly 4 billion yuan in the Yichun Economic Development Zone to build the Far East Foster “high energy density of 3G watt per year”. The R&D and industrialization project of power storage lithium battery will be held here on the 27th. The project will build more than 200,000 square meters of new factory buildings, warehouses, office buildings and supporting facilities, and build 6 international technology-leading automation and intelligence. Power battery production line. Far East Foster will make full use of the resources and advantages of the company's 18650 lithium battery in the new energy automobile industry chain, integrate international innovation technology and talent team, and strategically cooperate with Detroit Electric Vehicle Co., Ltd. to improve the layout of upstream and downstream industrial chains, which will prompt the company to become The world's leading new energy vehicle power and energy storage system service providers to enhance their core competitiveness and promote the company's sustainable development. The project is planned to be completed within 3 years, and the production will reach the standard. The production capacity of the Far East Foster high-performance lithium battery will exceed 6G watt-hours, and the output value will be over 10 billion yuan. We believe that with the joint efforts of all the Foster people, we will be among the forefront of the global industry, and will build Jiangxi Yichun into a lithium-ion industrial base with global influence.

Zhang Xiaoping, deputy secretary of the Yichun Municipal Party Committee and mayor, delivered a speech at the signing ceremony

Zhang Xiaoping made a speech at the signing ceremony. He pointed out that Yichun City has rich lithium resources and has formed a good industrial development foundation. In particular, the municipal government has proposed that the lithium-ion new energy industry should be the first industry to attack the industry in the city, and it has become the whole city. The consensus is being pushed forward strongly. Enterprises must firmly believe in the development of lithium battery industry in Yichun. On the basis of complying with laws and regulations and relevant national policies, the municipal party committee and municipal government will fully combine the actual situation of Yichun to formulate industrial support policies with high gold content, and give strong support to enterprises in terms of industrial development, technological innovation, land use security, and financial services. Enterprises must be bold and strong, dare to let go, overcome difficulties, market-oriented, increase investment in science and technology research and development, enhance independent innovation capabilities, focus on brand cultivation, and enhance the core competitiveness of enterprises. Deng Baosheng, secretary of the Yichun Municipal Party Committee, announced the start of the project signing ceremony.

Under the current situation of new energy industry spurt development, facing the opportunity, Far East Foster will actively respond to the global perspective, achieve R&D globalization, talent globalization, supporting globalization, relying on domestic R&D resources, and making full use of foreign resources. Carry out the integration of research and development resources and build the company's own technical system. Far East Foster is not limited to product producers and service providers. Instead, it upgrades its products and services to understand the customer needs of its customers. It drives the new energy vehicle industry to move forward in a new form.