Shengquan Group invested 2.237 billion yuan to build a bio-based hard carbon negative electrode material project to promote the industrialization of sodium ion batteries

In order to thoroughly implement the "carbon peak and carbon neutrality" strategic deployment, develop biomass energy and renewable energy, upgrade traditional industries, eliminate pollution and protect the environment, according to the company's development and strategic planning requirements, the company plans to adopt independently developed biomass refining technology and invest 2.48 billion yuan to build an annual output of 100,000 tons of bio-based hard carbon negative electrode materials project, create an integrated biomass refining industry cluster, and promote high-quality regional economic development.

Basic information of investment projects

1. Project name: Annual production of 100,000 tons of bio-based hard carbon negative electrode materials project

2. Project implementation unit: Jinan Shengquan Group Co., Ltd.

3. Construction location: Chemical Industry Park, Diao Town, Jinan City, Shandong Province

4. Project construction content: process production equipment, storage and transportation facilities, public works and auxiliary facilities, and service facilities for the annual production of 100,000 tons of bio-based hard carbon negative electrode materials.

5. Project investment budget: The total approved investment is RMB 2.48 billion, including RMB 2.237 billion for construction investment, RMB 0.99 billion for construction loan interest, and RMB 144 million for working capital. The project funds will be provided by the company's own funds and bank loans.

6. Project construction period: 18 months