[Sino-French companies plan joint venture to build a new battery factory]On May 12, 2023, French President Emmanuel Macron stated that China Xiamen Xiamen Tungsten New Energy Materials Co., Ltd. plans to establish a battery field laboratory with the French company Orano in Dunkirk, a port city in northern France. Joint venture with an expected investment of 1.5 billion euros and the creation of 1,700 jobs. Macron pointed out that Xiamen Tungsten New Energy's joint venture with Orano is complementary to ProLogium's factory because it will be upstream in the production of batteries for electric vehicles. Edit/Ma Xue
On September 8, 2026, the Cangzhou Mingzhu South China Base officially started construction in Xiancun Town, Zengcheng, Guangzhou. The total investment of the project is 3.38 billion yuan, expected to be completed in September 2028. It focuses on 5 μ m high-end wet process lithium battery separators and high-end PE pipelines, deeply embedded in the energy storage supply chains of CATL and BYD. Guangzhou State owned Assets will promote the implementation of projects within six months of taking over. After production, the company's total wet diaphragm production capacity will reach 4.19 billion square meters, and the company's revenue and net profit in the first half of 2026 will increase by nearly 60% year-on-year.Editor/Cheng Liting
The 2026 project for the continued construction, supporting facilities, and modernization of the medium-sized irrigation area in the central flower sea of Shule River, Gansu Province has recently been fully launched. The total investment of the project is 241.9 million yuan, with a renovated irrigation area of 201300 acres, covering 5 townships and 1 state-owned farm in Yumen City, benefiting a population of 41400 people. This year, an investment of 93.097 million yuan will be made to promote the reconstruction of canal heads, the renovation of main and branch canals, and the upgrading of information technology, to fill the water conservancy gaps in irrigation areas, and to assist in regional agricultural water conservation and rural revitalization.Editor/Cheng Liting