TAIDING new investment project with an annual output of 2gwh polymer lithium ion battery (hereinafter referred to as the “project”), a wholly-owned subsidiary of Suzhou TAIDING Intelligent Technology Co., Ltd. (hereinafter referred to as “TAIDING intelligent technology”), a subsidiary of Ecovacs Robotics Co.Ltd(603486) Siasun Robot&Automation Co.Ltd(300024) Co., Ltd. (hereinafter referred to as the “project”) (the project name is finally subject to the name approved by the government).
The total investment of the project is about 1.2 billion yuan, including land cost, plant, construction and installation and other engineering costs, fixed assets, working capital, etc.
According to the announcement, in order to meet the growing demand for lithium-ion batteries in smart appliances, smart homes and smart Siasun Robot&Automation Co.Ltd(300024) , the implementation of this investment project ensures the role of lithium-ion batteries in the whole supply chain, effectively controls product production costs, promotes the development of Ecovacs Robotics Co.Ltd(603486) business and improves the comprehensive competitiveness of enterprises.
(blue whale Finance)
