Dongfang Electric Heating: Subsidiary to invest RMB2 billion in construction of lithium electric nickel preplating steel strip project
2022-12-16 17:57:39 [Print]
Dongfang Electric Heating announced on December 15 that its wholly-owned subsidiary, Dongfang Jiutian, signed an agreement with the management committee of Jiangsu Taixing Huangqiao Economic Development Zone
. Huangqiao Economic Development Zone plans to transfer 19 . 77 acres of land to Dongfang Jiutian as the project construction land . Dongfang Jiutian plans to invest no less than RMB2 billion (USD287 million) in total to build the nickel preplating steel strip project for high-end lithium battery shell, with a construction period of two years.