According to the latest news on November 12, Longbang (Fujian) Machinery Co., Ltd. held the project foundation-laying ceremony in the Gaobei area of Fujian Longyan High-Tech Zone (Economic Development Zone).
The project, invested and constructed by Longbang (Fujian) Machinery Co., Ltd., covers a total land area of 41 mu with a planned floor area of approximately 72,000 square meters and a total investment of Yuan 580 million. Upon completion, the project will establish an annual production capacity of 1 GWh of three-dimensional solid-state lithium-ion batteries, with an expected annual output value exceeding Yuan 1.2 billion. Trial production is anticipated to begin in the third quarter of 2026. At full capacity, the project is expected to provide about 200 jobs and achieve a comprehensive tax revenue of no less than Yuan 500,000 per mu annually within five years.
Edited by Cassie Li, lixiangying@mysteel.com