Recently, Shenzhen Exxon New Energy Technology Co., Ltd. held the signing ceremony of the cooperation agreement for the Exxon New Energy Xiangyun Battery Industrial Park project in Dali, Yunnan.

The total planned investment of the Exxon New Energy Xiangyun Battery Industrial Park Project signed this time is 8.5 billion yuan. It is planned to build 18GWh energy storage and special battery capacity in two phases of Xiangyun County's economic and technological development, which will help Dali better implement the industrial orientation of the provincial party committee and provincial government on "accelerating the development of advanced manufacturing industry focusing on photovoltaic and new energy batteries". After both phases of the project are completed and put into production, it is expected to generate an annual output value of more than 10 billion yuan and a tax revenue of more than 300 million yuan, which can further stimulate the vitality of Xiangyun's concentrated park construction and strongly support the revitalization and development of Dali's advanced manufacturing industry.

Shenzhen Exxon New Energy focuses on the R&D and production of large capacity lithium iron phosphate square battery, full pole ear large cylinder battery and sodium ion battery, and deepens the international centralized energy storage, industrial and commercial energy storage, UPS emergency power supply, data center, household distributed energy storage, special vehicles and other market segments. It has established cooperation with some leading enterprises at home and abroad. At present, the institutional shareholders introduced, including Ronghe Assets, Jiuzhi Capital and Anshi New Energy under the State Power Investment Group Capital Holding Co., Ltd., form a competitive advantage of efficient collaboration and build a new energy ecosystem with a closed industrial chain and significant synergies by giving play to their respective differentiated gifts in the application end of the energy storage system, the research, development, manufacturing and integration field of energy storage batteries, and the upstream and downstream of the industrial chain. Editor/Zhao E