On December 19, 2021, the major projects to celebrate the 40th anniversary of the construction of the Xiamen Special Economic Zone and the groundbreaking ceremony of the Times New Lithium-ion battery project were held in Xiamen, Fujian.

According to reports, the Times New Lithium-ion Battery Project (Phase I) is located in the Hongtang North Area of Tongxiang High-tech City, Torch High-tech Zone, with a total investment of 7 billion yuan and a total construction area of about 710,000 square meters. It is planned to build a new type of lithium-ion battery power. Battery production base. With the implementation of this project, it will become a powerful engine for the development of the new energy 100 billion industrial cluster of Tongxiang High-tech City, boosting the high-quality development of Xiamen's economy.

Ningde Times issued an announcement on November 5, 2021, stating that it plans to invest in the construction of the Xiamen Times lithium-ion battery production base project (Phase I) in Xiamen, Fujian Province. The planned land area of the project is about 1,000 acres and the total investment does not exceed 8 billion yuan.

Li Ping, co-founder and vice chairman of CATL, said that CATL will gather core resources and capabilities, as well as global lighthouse factory construction experience, and strive to build the project into a world-leading green factory, smart factory, and digital factory. At the same time, CATL will actively introduce upstream and downstream industry chain resources for the development of Xiamen’s new energy industry, continuously improve technological innovation and industrial collaboration, and help Xiamen become an important pole of China’s new energy industry, and provide Xiamen City with a higher level of development. Adding bricks and tiles to the city of beauty and ecological gardens, contributing an important force to the construction of a fresh Fujian. Editor/He Yuting