Contemporary Amperex Technology Co., Limited (CATL) (002074.SZ) plans to invest up to 4 billion yuan to construct a new generation lithium-ion battery manufacturing base with a capacity of 20GWh.

Intelligent Finance and Economics App News: Guoxuan High-Tech (002074.SZ) announced plans to invest in the construction of a new lithium-ion battery smart manufacturing base project with a capacity of 20GWh in the Liuhe Economic Development Zone of Nanjing City. The total investment amount of the project will not exceed 4 billion yuan. The company's holding subsidiary, Jiangsu Guoxuan New Energy Technology Co., Ltd. ("Jiangsu Guoxuan"), will be the main implementer of the project. Construction period: The project will be constructed in stages and is expected to be completed within 24 months from the start date, subject to actual construction conditions.