On the morning of November 4, 2022, Shandong Dongying Economic and Technological Development Zone held the signing ceremony of the 6GWh lithium battery battery cell production base project in the Blue Ocean Yuhua Hotel. As the only energy storage lithium battery cell project in the city, the completion of the project will accelerate the development of the energy storage lithium battery industry in the development zone, further connect the upstream and downstream industrial chains, and help the development zone build a 100 billion level new energy industry cluster.

At the signing ceremony, Dongying Kunyu Power Supply Technology Co., Ltd., Dongying Industrial Investment Management Co., Ltd., Dongying Dongkai Industrial Investment Management Co., Ltd. and Dongying Dongkai High end Equipment Manufacturing Industrial Park Co., Ltd. jointly signed an agreement of intent to cooperate. Kang Maoli, Secretary of the Party Working Committee and Director of the Management Committee of Dongying Economic and Technological Development Zone, Gao Ruiguo, Deputy Secretary General of Dongying Municipal Government and Director of the Municipal Investment Promotion Bureau, and Shan Hui, Chairman and President of Dongying Kunyu Power Supply Technology Co., Ltd. jointly witnessed the signing of the project. Cao Guohua, Deputy Secretary General of Dongying Municipal Party Committee and Deputy Secretary of the Party Working Committee of the Development Zone, presided over the ceremony.

Kunyu Power Supply Company is the first 5G communication lithium battery manufacturer in the city. Its main business is the production and sales of lithium battery. The total investment of the 6GWh energy storage lithium battery cell production base project is 3 billion yuan, which will be invested in three phases to build the energy storage lithium battery cell production base, and the annual output value will be about 5 billion yuan after reaching the capacity.

Kang Maoli said that since this year, the development zone has thoroughly implemented the major national strategy of the Yellow River, conscientiously implemented the decisions and deployment of the municipal party committee and the municipal government, focused on "double carbon" and the construction of the city's national modern new energy economy demonstration zone, seized the opportunities of emerging industries, and accelerated the development of offshore wind power, photovoltaic, lithium battery and other new energy industries. It has a good industrial foundation and broad development space. As the first 5G communication energy storage lithium battery manufacturer in the city, Kunyu Power Supply Co., Ltd. has huge development potential, and will certainly contribute to the energy storage construction in the development zone in the future. Next, the development zone will fully support the smooth construction of the project, implement the whole process and all-round tracking service, help solve various problems in the process of project progress, promote the project to be put into operation at an early date and achieve efficiency, and inject new momentum into the new energy construction of the development zone.

Shan Hui said that the Development Zone attached great importance to the development of new energy industry, built a framework for the integrated development of the "wind and solar storage" industry, and the development of new energy industry has accumulated momentum. Kunyu Power Supply Company has more than 30 years of experience in lithium battery energy storage technology and product development, and has mastered core technologies such as lithium ion battery cell research and development, system design and development, with strong technical strength. The company will actively seize the opportunity of "carbon neutral" industrial transformation, accelerate the construction of the 6GWh lithium battery battery cell production base project, continue to deepen the in-depth cooperation with the development zone in the new energy industry, and strive to achieve mutual benefit and win-win results. Editor/Zhao E