What is Penghui energy Liuzhou project?

The project is expected to have a total investment of 6 billion yuan and will become a first-class intelligent manufacturing plant for energy storage and power lithium batteries in China. On January 10, the project of Penghui Energy Liuzhou Smart Energy Storage and Power Battery Manufacturing Base was officially laid.

Why did Penghui Energy Invest?

Penghui Energy said that the purpose of this investment is to expand the scale of the company's energy storage and power battery business, and to further enhance the company's influence and comprehensive competitiveness in the new energy industry.

How did Penghui energy perform in the first three quarters of 2021?

In terms of performance, in the first three quarters of 2021, Penghui Energy achieved revenue of 3.89 billion yuan, up 57.37% over the same period last year; net profit of 164 million yuan, up 16.53% over the same period last year; and deducting non-net profit of 145 million yuan, up 35.10% over the same period last year.

What is Penghui energy's relationship with shangtong Wuling?

In the field of power batteries, Penghui Energy and Shangtong Wuling maintain a close cooperative relationship and ship a number of model batteries for Shangtong Wuling.

How many two-wheeled batteries will Penghui energy produce in 2021?

In terms of capacity planning for two-wheeled batteries (soft bags and large cylinders), Penghui Energy is deploying capacity upgrades in Zhuhai, Henan and Changzhou, with a planned production capacity of 3 million sets in 2021, 6.4 million sets in 2022 and 9 million sets in 2023.

Where is a lithium battery plant located?

According to the announcement in November last year, the project is located in the northern ecological new area of Liuzhou, Guangxi, with a total planning area of about 550mu and an overall planning capacity of 20GWh. the main layout is lithium battery cell and PACK production line.