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Chenzhou strengthens whole-industrial-chain investment promotion for lithium battery

2024-04-13

Investment attraction is the top priority and a key move in promoting high-quality development. 

 

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Chenzhou, in its effort to build a development pattern for the whole lithium-ion batteries new energy industry chain, focuses on precise investment attraction in the industry chain, striving to achieve new breakthroughs in the industry, enterprises, and projects.
 
Chenzhou is known as the “hometown of non-ferrous metals”. Since 2022, tens of millions of tons of lithium ore have been discovered in Linwu, Guiyang, and Yizhang. 
 
Chenzhou adheres to the unified planning and investment attraction in an orderly manner. 
 
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Joysun New Energy was one of the earliest lithium battery companies that settled in Chenzhou, including Hunan Worlds Power Technology Co.,LTD. and Senlinfeng. 
 
Sun Xiangdong, administrative director of Hunan Joysun New Energy Co., Ltd., said, “We have driven investment from our own upstream and downstream enterprises in Linwu County. Because we used to start businesses in Dongguan, Guangdong Province, we had close relationships with them.”
 
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To retain these enterprises, Chenzhou has collected and solved problems that they encountered, and strengthened the service guarantee in such aspects as roads, land, electricity, gas, and heating.
 
After Hunan Worlds Power Technology Co.,LTD. signed the agreement to settle in Chenzhou, the park built factories and helped it with decoration, making it able to go into trial production in less than five months. 
 
As the industrial chain is gradually forming a closed loop, with upstream enterprises to be completed and put into operation, Hunan Worlds Power can directly purchase raw materials for battery cells from within the park in the coming years. 
 
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Jiang Xiaohua, deputy general manager of Hunan Worlds Power Technology Co., Ltd., said, “If we purchase raw materials from the park, we can save 9,200 yuan per ton of raw materials, and over 10 million yuan in a year. In addition, our products can be sold to Joysun nearby, which not only saves material costs but also increases our sales revenue.”
 
Chenzhou has introduced 154 lithium-ion new energy projects in less than two years, covering the whole industrial chain involving mining, comprehensive recovery and treatment of tailings, energy storage, battery manufacturing. It has introduced 7 joint venture projects including Shanghai Ane, Dazhong Mining and Corun, with a total investment of over 140 billion yuan. The total output value of the battery industry is expected to reach 150 billion yuan within three years.