On January 10th, the concentrated construction of major projects for the first quarter of 2025 in Xiangyang City was held in Gucheng County. The total investment of the 30 projects reached Yuan 20.656 billion, including the project of high-performance nano composite materials and equipment in Xinyuan.
It is reported that the project is implemented by Xinyuan Technology Co., Ltd. with a total investment of Yuan 12 billion and an area of 1,000 mu. It is planned to build 1,200 production lines of high-purity nano powder materials, production lines with an annual output of 100,000 tonnes of silicon carbon anode materials, nano nickel powder, nano copper powder, high-purity nano powder equipment manufacturing and production base, and new material technology research and development center. The project is divided into three phases and it is expected that the first phase of the factory will be completed in June this year and put into operation in August. The annual output value can reach Yuan 200 million.
Edited by Cassie Li, lixiangying@mysteel.com
