Recently, Lanting New Energy Tech signed an investment framework agreement with Linwu County Shunli Industry Fund to build a solid-state battery supporting material production enterprise in Linwu High-tech Industrial Development Zone.
Lanting New Energy Tech provides high-performance lithium-ion battery composite separators and solid electrolytes for all solid state batteries, solid-liquid hybrid batteries, and liquid electrolyte batteries. Its research team is led by Wu Dayong, the chairman of the company and a member of the Institute of Physical and Chemical Technology of the Chinese Academy of Sciences. He has rich experience in production practice, investment and financing, and management.
According to the agreement, Lanting New Energy Tech will build a solid-state electromagnetic electrolyte production project in Linwu High-tech Industrial Development Zone in three phases, with the total investment of about 800 million yuan. Linwu County Shunli Industry Fund plans to make equity investment in the project, with an estimated initial financing amount of about 60 million yuan.
Chinese source: official Wechat account of Linwu County