Guansheng shares invested 1.03 billion to build a semi-solid battery project

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Guansheng shares announced that its subsidiary will invest RMB 1.032 billion to build a semi-solid lithium iron phosphate battery project in Wenzhou, Zhejiang. The project is expected to cover an area of 90,000 square meters and produce about 2.1 million cells and systems per year after reaching full production.