Yinlong Invests 19.5 Billion RMB in Building its New Energy Industrial Park

02 August 2017

www.chinabuses.org: On July 28, a ground-breaking ceremony was held to mark the construction of Real Economy Project in Jinwan District, Zhuhai. Yinlong, as one of the representatives of the strategic industrial enterprises attended the ceremony. At the same time, its New Energy Industrial Park, with a total investments of over 19.5 billion RMB, started construction.

Covering a total area of 2,400-2,500 mu, Yinlong New Energy Industrial Park is set to become the world’s largest production base which is specialized in developing and producing batteries, electric vehicles, motors, power storage systems and electric control systems. After the completion of its construction, it will be able to producing three billion Ah lithium titanate batteries, 60,000 sets fuel cells, 10,000 units electric buses, 500,000 units electric passenger vehicles, 1,000 MWh power storage systems, 60,000 sets electric control systems, 60,000 sets recharging systems.

In recent years, Yinlong has maintained a robust growing momentum. With its headquarters located in Zhuhai, it has built three production bases in Zhuhai, Wu’an and Shijiazhuang. Apart from all these, it has invested immensely in building its new energy industrial parks in Tianjin, Chengdu, Nanjing and Lanzhou.

In the future, Yinlong, as the only new energy vehicle manufacturer in China which has already mastered the state-of-art technologies in producing lithium titanate batteries, will speed up its development and further improve the new energy vehicle industrial chain in Jinwan District.

By taking full advantage of new development opportunities in Guangdong-Hong Kong-Macau Economic Region, Jinwan District in Zhuhai has been making great efforts to upgrade its industrial facilities, urban facilities and transport system. Real Economy Project in Jinwan District pools 37 projects with a total investment of 50 billion RMB. When finishing its construction, the project will increase the gross value of the industrial output in the district by 200 billion RMB, generating huge and positive impacts on the local economy.

Source : www.chinabuses.org

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