Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
CATL Wins Industrial Land in Fuzhou Luoyuan to Build New Energy Battery Industrial Base
Recommend 12 Positive 35 Negative 6 |
||||
|
||||
|
The Luoyuan County Natural Resources and Planning Bureau in Fuzhou City announced the results of the sixth auction in 2025 for the transfer of state-owned construction land use rights. The results that an industrial land of 897.89 mu in Luoyuan County, Fuzhou, was successfully sold. Ultimately, CATL (03750.HK)(300750.SZ)'s wholly-owned subsidiary, Luoyuan Times New Energy Technology, acquired the land at the reserve price of RMB269 million, marking CATL's official settlement in the North Wing of Fuzhou. Luoyuan Times New Energy Technology's business scope includes the R&D of emerging energy technology and manufacturing and sales of battery, according to the information. The first phase of its battery industry base project involves a total investment amount of RMB6.5 billion, covering approx. 900 mu. The company planned to build standardized industrial plants and lithium-ion battery production lines, with an estimated annual output of 40GWh of new energy batteries and annual production value exceeding RMB10 billion. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
