Jiajia Yuan Technology announced on January 10, the company decided to invest 460 million yuan to build 10,000 tons / year of new energy power battery with high-performance copper foil technology transformation project. The construction period is from September 2016 to December 2017. The construction capacity of the second phase is 3,500 tons / year. The total capacity of the second phase is 3,500 tons / year, with a total investment of 280 million yuan. A total investment of 180 million yuan, construction time from January 2017 to December 2018.
The investment and construction of the project will effectively improve the overall strength and market competitiveness of the Company, which will have a positive impact on the Company's future financial situation and operating results and benefit all shareholders.