HOdo to invest in building 3GW high-power solid lithium battery smart manufacturing project

HOdo Group announced on July 15th that its holding subsidiary, Hongri Wind Energy, plans to sign a cooperation agreement with Chaoyi Power and sign an investment agreement on a 3GW high-power solid lithium battery smart manufacturing project with Chaoyi Power and the government of Jining district, Ulanqab, Inner Mongolia.Asian Metal Copyright The three parties will establish a project company to build the 3GW high-power solid battery smart manufacturing project in Baihaizi in Jining district with a total investment of about RMB1.Asian Metal Copyright The three parties will establish a project company to build the 3GW high-power solid battery smart manufacturing project in Baihaizi in Jining district with a total investment of about RMB1.Asian Metal Copyright The project company is planned to start building in August 2022 and go into production in 2023; its phase two engineering will go into full production in 2024.Asian Metal Copyright5 billion (USD222.Asian Metal Copyright .Asian Metal Copyright09 million).Asian Metal Copyright The project company is planned to start building in August 2022 and go into production in 2023; its phase two engineering will go into full production in 2024.Asian Metal Copyright Of the project company's total planned registered capitals of RMB300 million (USD44.Asian Metal Copyright98 million will come from Hongri Wind Energy which will hold 90% shares of it.Asian Metal Copyright42 million), RMB270 million (USD39.Asian Metal Copyright09 million.Asian Metal Copyright98 million) will come from Hongri Wind Energy which will hold 90% shares of it.Asian Metal Copyright42 million, RMB270 million USD39.Asian Metal Copyright The project company is planned to start building in August 2022 and go into production in 2023; its phase two engineering will go into full production in 2024.

.Asian Metal Copyright42 million, RMB270 million USD39Asian Metal Copyright