On January 5, Pingli County held a centralized signing ceremony for three investment promotion projects, the manufacturing of high-end bathroom fixture series, the annual production of 50 million cylindrical lithium-ion power battery cells, and the annual production of 2 million plush cultural and creative products.
It is reported that the three signed projects involve a total investment of Yuan 174.5 million. Upon completion and operation, they are expected to achieve an annual output value exceeding Yuan 220 million and create over 300 jobs. Among them, the annual production project of 50 million cylindrical lithium-ion power battery cells plans to invest Yuan 80 million yuan, deploying equipment for a daily output of 160,000 battery cells. After operation, it is expected to achieve an annual output value of over Yuan 100 million.
Edited by Cassie Li, lixiangying@mysteel.com
