Baili Technology subsidiary signing 471 billion yuan contract involving charging lithium battery material

Baili Technology subsidiary signing 471 billion yuan contract involving charging lithium battery material

On October 27, Baili Technology (603959) announced that the company’s wholly-owned subsidiary Changzhou lithium electric and Chengdu Bamo signed “high-energy density dynamic lithium-ion battery material industrialization advanced intelligent manufacturing project (first stage Production line equipment and integration contracts, involving 471 million yuan. Baili Technology said that the implementation of the contract will be a prosperous construction and operational experience in Changzhou, Changzhou, and further enhance the competitiveness of the company’s main business in the domestic market. The notice shows that as the implementation of the contract will have a positive impact on the company’s current year and future accounting annual financial situation and operating results, it is conducive to enhancing the company’s overall profitability, the specific amount of contract fulfillment affects the financial indicators of the company is currently unable to measure.

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