Can withstand high temperatures of 90 degrees and low temperatures of minus 50 degrees! Yongxing Materials subsidiary invests 1 billion in ultra-long-life lithium batteries
A few days ago, Yongxing Materials (002756) announced that its holding subsidiary Huzhou New Energy invested in a 2GWh/a ultra-wide temperature zone and ultra-long-life lithium-ion battery project with a total investment of about 1 billion yuan.
The first phase is to invest in the construction of a 0.2GWh/a ultra-wide temperature zone and ultra-long life lithium-ion battery project with an investment of 280 million yuan. The first phase of construction is 12 months, and the second phase of construction will be carried out after the first phase of the project is completed and put into operation.
Yongxing Special Materials Technology Co., Ltd.
Regarding the capital increase of the holding subsidiary company and the investment in the construction of an ultra-wide temperature zone and an ultra-long life
Announcement of Lithium-Ion Battery Project
All members of the company and the board of directors guarantee that the content of the information disclosed is true, accurate, and complete.
There are no false records, misleading statements, or major omissions.
Yongxing Special Material Technology Co., Ltd. (hereinafter referred to as the "Company") will be held on January 14, 2021
The 11th interim meeting of the Fifth Board of Directors was passed, and the review passed the
Proposal for the Project of Ultra-Long Life Lithium-Ion Battery and the Proposal for Increasing Capital to the Holding Company
The company Huzhou Yongxing New Energy Co., Ltd. (hereinafter referred to as "Huzhou New Energy") invested with its own funds or self-raised funds
Capital construction of the ultra-wide temperature zone and ultra-long test battery project. The first capital increase to the holding subsidiary Huzhou New Energy will now be relevant
The matter announcement is as follows;
According to the announcement, the main products of the project are square aluminum shell cells, modules composed of square aluminum shell cells, and battery packs composed of modules.
At present, the general working temperature range of lithium-ion batteries is -20~55℃, and high-temperature batteries only refer to batteries with good cycling performance at ambient temperatures above 45℃ but generally not exceeding 60℃.
In a higher or lower temperature environment, the use efficiency is reduced or even cannot be used, which cannot meet the needs of various application scenarios.
The ultra-wide temperature zone and ultra-long-life lithium-ion battery project starts with the key materials inside the battery, pushing the upper limit operating temperature of the lithium-ion battery to a temperature zone of 70~90℃, and extending the working temperature zone of the low-temperature lithium-ion battery to below zero 50°C.
Thanks to the special "de-intercalation of lithium" mechanism of the new negative electrode material, the lithium-ion battery of the ultra-wide temperature zone and ultra-long-life lithium-ion battery project also has an ultra-long service life (≥15 years).
It is reported that the products produced by the ultra-wide temperature range and ultra-long-life lithium-ion battery project have the characteristics of stability and reliability, ultra-wide temperature range, ultra-long life, fast charging, and high power output.
The battery can be widely used in power and energy storage fields in various environments, such as pure electric buses, fuel cell vehicle power modules, passenger car 48V micro-hybrid systems, engineering machinery, mining pure electric dump trucks, and the Internet of Things Outdoor node power supply, 5G communication base station power storage in cold areas, grid frequency modulation/grid emergency peak shaving and valley filling, etc.
According to data, Yongxing Materials has entered the lithium battery industry since 2017 and officially changed its name from "Yongxing Special Steel" to "Yongxing Materials" in mid-August 2019 to enter the lithium battery industry. Its main product is battery-grade lithium carbonate.
Huzhou New Energy was established on December 14, 2020. It is the main platform for Yongxing Materials' lithium new energy business to extend from lithium salt materials to battery manufacturing.
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