On July 10, the first phase of EIKTO's annual 12GWh new energy power lithium battery project commenced production in Jiangsu Yancheng Jianhu High-tech Zone. The project, with a total investment of 6 billion yuan, will be executed in two phases (each capable of producing 6GWh). The project includes the construction of 8 fully automated production lines. Once the entire project reaches full capacity, it is expected to generate annual sales revenue exceeding 10 billion yuan. This project's establishment will not only consolidate upstream and downstream enterprises in the industrial chain but also act as a powerful driving force for the high-quality development of Jianhu.
Zou Yanlong, Chairman of EIKTO Group, expressed that at every stage of the project, from negotiation to contract signing, and from construction to production, it consistently showcased the "Jianhu speed" and the "Jianhu High-tech Zone speed". The project's unique industrial characteristics, coupled with a conducive business environment and promising growth prospects, have solidified EIKTO's unwavering confidence in its investment and developmental pursuits in Jianhu.
The project serves as a driving force for development. Officials from Jianhu County expressed that the commencement of EIKTO's phase I 6GWh lithium battery project marks another significant achievement in advancing major project construction in Jianhu. It will effectively promote the integration of new energy industry resources in Jianhu, accelerate the formation of a complete industry chain for power and energy storage batteries, and achieve intelligent, green, and clustered development of the industry.
Deqing Zhou, the President of EIKTO Group and Chairman of Jiangsu EIKTO New Energy Technology Co., Ltd., stated that the Jianhu project adopts cutting-edge intelligent, integrated, and automated production equipment within the industry. By leveraging cutting-edge information and digital technologies, the project establishes a highly efficient and manufacturing process, culminating in the development of a modern 5G fully-connected factory fully equipped to meet various product production demands.
The project serves as a driving force for development. Officials from Jianhu County expressed that the commencement of EIKTO's phase I 6GWh lithium battery project marks another significant achievement in advancing major project construction in Jianhu. It will effectively promote the integration of new energy industry resources in Jianhu, accelerate the formation of a complete industry chain for power and energy storage batteries, and achieve intelligent, green, and clustered development of the industry.
During the production inauguration ceremony on that day, EIKTO Group signed strategic cooperation agreements with clients, suppliers and universities such as LiuGong Forklift, XFH New Energy Materials, Jilin University, as well as banks. These agreements aim to establish a complete industrial chain and achieve integrated development of production, sales, and research.
