The hottest joint venture with Taiwan Bixiang Fosh

Jointly invest in the new energy project of Taiwan Bixiang Foshan Lighting

jointly invest in the new energy project of Taiwan Bixiang Foshan Lighting

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Guide: just two days after announcing the investment of 25.5 million yuan to set up a joint venture, mainly dealing with lithium battery cathode materials, Foshan Lighting has made another big move in the field of new energy. The company plans to invest in three new energy projects with Taiwan Bixiang industry. According to the company's disclosure today, the company's representatives in Guangzhou, led by Governor Huang Huahua

just two days after announcing the investment of 25.5 million yuan to establish a joint venture company, mainly engaged in lithium battery cathode materials, Foshan Lighting has made another "big move" in the field of new energy. The company plans to invest in three new energy projects with Taiwan Bixiang industry

according to the company's disclosure today, during the visit to Taiwan of the Guangdong Provincial Economic, trade and cultural exchange delegation led by Governor Huang Huahua, the company's representatives signed a letter of intent with Bixiang industry at the economic and trade cooperation briefing in Foshan, Taiwan on August 18, confirming that the two sides would cooperate and form a strategic alliance in related industries and technologies such as electric vehicles, lithium batteries, lithium iron phosphate cathode materials, electronic control systems, battery management systems, etc, Both parties share technology and market resources

according to the data, the partner of Foshan Lighting this time, Bixiang industry, is the first listed company in Taiwan's biotechnology and medical industry that may consolidate Clariant's position as one of the key acquisition targets in Europe. In 2005, Bixiang industry entered the high-efficiency and pollution-free lithium iron phosphate battery and electric bicycle market industry with environmental protection concept, and successfully developed pollution-free, explosion-free, fire-free Environmental friendly batteries with long cycle life and high current charge and discharge can be widely used in electric vehicles, UPS, electric hand tools, wind power generation systems, etc. In October, 2008, at the Paris auto show in France, Bixiang industry launched all electric vehicles with its global battery technology, and launched electric light locomotives in 2009, successfully creating a new industry for Taiwan

according to the cooperation intention, the two sides will jointly invest with other investors to establish a production enterprise of lithium iron phosphate cathode material. The first phase of the design production scale is 2000 tons/year, and the final production scale is more than 10000 tons/year. The total investment is expected to be about 100million yuan; The two sides will jointly invest with other investors to establish a lithium power battery production enterprise. The first phase design production scale is 100million ampere hours/year, and the final production scale is more than 30000 ampere hours/year. The total investment is expected to be about 250million yuan; The two sides will also cooperate in technologies such as battery management system and electronic control system solutions for electric vehicles, and jointly set up a pure electric vehicle production base in Foshan with other investors. It is planned to complete the production of 20 vehicles for demonstration lines within the year, reach 300 vehicles/year in 2011, and greatly reduce the costs to reach 2000 vehicles/year in two years

in principle, Foshan Lighting accounts for more than 51% of the shares in the above three projects. Bixiang industry contributes with its patented technology, technology concessions and other intangible assets, and the contribution proportion of intangible assets is not less than 15% of the total investment

the company said that the cooperation between the two sides can achieve complementary advantages and jointly develop new energy pure electric vehicles and related industries with lithium iron phosphate power batteries as the core, and the products will be mainly oriented to the international market

in contrast to the company's "continuous actions" in the field of new energy, the company has also been troubled recently. First, the chairman and Secretary of the company have been put on file for investigation, then the company's major investment matters have been questioned and disclosed in advance, and lithium batteries have also been questioned as difficult to contribute to the company's performance in the short term. However, after the secondary city understood the steps of the microcomputer controlled electronic tensile testing machine, the company's shares rose by 9.48% and 3.71% respectively for two consecutive trading days after the resumption of trading, which seemed not to be affected by adverse factors