On December 19, Ganfeng Lithium Battery Technology Co., Ltd. (hereinafter referred to as Ganfeng Lithium Battery) increased its registered capital from RMB 2.509 billion to approximately RMB 3.176 billion, representing an increase of about 27% with a new capital injection of RMB 667 million.
Founded in 2011, shareholder information shows that Ganfeng Lithium Battery is jointly held by Ganfeng Lithium Co., Ltd., Hubei Xiaomi Yangtze Industrial Fund Partnership (Limited Partnership), Beijing Jimu Venture Capital Co., Ltd., among other shareholders.
As the core battery business platform under Ganfeng Lithium Co., Ltd., Ganfeng Lithium Battery has leveraged the advantages of its parent company's full industrial chain layout in lithium resources, with its business scope covering a variety of products including energy storage batteries, power batteries, solid-state batteries and consumer batteries.
Recently, Ganfeng Lithium Battery has frequently won bidding tenders for its energy storage business.
- On December 12, it won the bid for the procurement project of the overall energy storage system equipment for the 400MW/800MWh energy storage power station project in Fuyuan County, Yunnan Province, undertaken by China Power Construction Group Jiangxi Electric Power Design Institute Co., Ltd.
- On December 10, Ganfeng Lithium Battery won the bid for the Baise 300MW/600MWh new energy storage power station project at a unit price of RMB 0.436 per Wh, with the winning bid amount exceeding RMB 260 million.
- In October, it secured an order for the procurement of grid-forming energy storage equipment with a total capacity of 400MW/1600MWh in Fanshi County, Shanxi Province.
In addition, in terms of production capacity layout, according to the news released by the Convergence Media Center of Fenyi County, Xinyu City, Jiangxi Province, a signing ceremony for the Ganfeng 10GWh PV-ESS Direct & Flexible Zero-carbon Industrial Base Project was held between Ganfeng Lithium Battery and Fenyi County Government on December 11.
The project will cover the construction of pouch lithium battery production lines and system integration plants, distributed photovoltaic power generation systems with supporting electrochemical energy storage facilities, supporting facilities such as green transportation and logistics, as well as other ancillary industrial facilities.
Source：EnergyTrend
