·Mengshi Technology signed a tripartite strategic cooperation agreement with Nanjing Jinlong and Wuhan Liwei

On August 14, 2017, Mengshi Technology and Nanjing Jinlong Bus Manufacturing Co., Ltd. ("Nanjing Jinlong") and Wuhan Liwei New Energy Technology Co., Ltd. ("Wuhan Liwei") signed a joint venture at Mengshi Technology Shenzhen Xinghe Headquarters. The tripartite strategic cooperation agreement to jointly explore new energy markets.
Chen Lewu, Chairman of Mengshi Technology, Dong Yuzhi, Vice President of Nanjing Jinlong, and Chen Jinhua, General Manager of Wuhan Liwei, signed the agreement on behalf of their respective companies. Lai Qicong, Vice Chairman of Mengshi Technology, and Lin Yufen, Deputy General Manager of Fujian Mengshi New Energy, witnessed the signing.
According to the agreement, Nanjing Jinlong purchased 2,000 sets of ternary lithium-ion batteries from lion technology for the “Kaiwo” pure electric vans NJL5031XXYBEV8 and NJL5032XXYBEV8. The battery PACK was completed by Wuhan Liwei. The battery is produced by Fujian Lions New Energy Technology Co., Ltd., which is owned by lion technology. The first phase of the production line equipment is imported from Japan and South Korea. It is the first automatic high-speed production line of 200ppm18650 lithium battery in China. The production capacity is three times that of the domestic common production line. the above.
It is understood that Nanjing Jinlong has laid dealer outlets in 11 core cities across the country, meeting the needs of the Kaiwo logistics vehicle market. Vice President of Nanjing Jinlong Dong Yuzhi introduced that by 2020, Kaiwo will expect to produce a total of 200,000 electric logistics vehicles, 100,000 electric passenger vehicles and 50,000 electric buses.
Chairman Chen Lewu said that the lion's 6GWh lithium-ion battery production line in Fujian will be put into production in the first half of 2019. The high-end aluminum-shell lithium battery project in Hubei Yicheng, which started construction in March this year, is expected to be fully completed by 2020. Automatic production line with an annual production capacity of 6GWh. The two lithium battery production bases can be equipped with a lithium battery system of 400,000 electric vehicles.
The signing of this strategic cooperation agreement is a concrete manifestation of the continuous improvement of the core competitiveness of the company in the field of high-end batteries and new energy vehicles. It is conducive to the three parties to jointly explore the new energy industry market and achieve win-win development.

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