Recently, the distribution industry listed company British Tang Zhi-controlled announcement that it will build an annual output of 4,000 tons of new energy battery anode and cathode materials project in Tengchong Border Economic Cooperation Zone with a total investment of about 50 million yuan.

Announcement shows that British Tang intelligence and Baoshan border management cooperation with the Tengchong Border Economic Cooperation Zone (hereinafter referred to as "Tengchong Management Committee") both sides friendly consultations, in order to accelerate the economic development of Baoshan border economic cooperation zone in Tengchong, improve the functional layout of the border areas , Make full use of the advantages of traffic and production cost in the area of ​​Tengchong Bordering Area and seize the opportunities in South Asia, Southeast Asia and the domestic market. Based on the full inspection, analysis and demonstration, Party B intends to invest in the construction of the border economic cooperation zone in Tengchong, Baoshan Produce 4 tons of new energy battery positive and negative materials projects.

After friendly negotiation between both parties, the two sides signed the Cooperation Agreement on the Construction of Positive and Negative Electrode Materials Project of 4,000 Tons of New Energy Battery in Tengchong Border Economic Cooperation Zone in Baoshan (hereinafter referred to as "this Agreement"), and based on this, Establish long-term partnership.

According to the agreement, the Tengchong Border Area has taken the initiative to integrate itself into the development strategy of the "One Belt and One Road" based on its unique geographical advantages, better accessible conditions, superior environment for opening up and abundant resources, and by virtue of its advanced and mature New energy battery module production technology, research and development, manufacturing capabilities, personnel, management and rich experience in market operation, investment and construction of an annual output of 4,000 tons of new energy battery anode and cathode materials project, a project in 2018 to complete the construction of three production lines; Two 2019 years to complete the construction of six production lines; three 2020 completion of the construction of 12 production lines.

According to the agreement, the project will be built in the High-tech Industrial Park of Tengchong Border Economic Cooperation Zone in Baoshan City. The project will use 6,000 square meters of standard workshops and a total investment of 50 million RMB will be estimated (from Zhintang Zhitong and Zhejiang Zhoushan Zeng Teng Investment Partnership Limited partnership) respectively invest 25,500,000 yuan, 24,500,000 yuan jointly set up the project investment in the form of the company's project);

British Tang Zhi-controlled was established in 2001 and listed in October 2010, is the domestic A-share distribution of electronic components listed companies, the main business of electronic components distribution, software development, sales and maintenance, electronic intelligent controller research and development , Production, sales, but also the field of small domestic appliances intelligent controller leader, has now been established to intelligent control and distribution of electronic components for the business to smart home networking (family data) platform and the electronic information industry B2B ( Enterprise data) platform dual platform strategy.

British Tang Zhizhi said the signing of the cooperation agreement is conducive to the company to seize the new energy industry and the "One Belt and One Road," the historic development opportunities to promote the company's business to a more scientific and technological content and value of the upstream industry chain extension of the development of new materials Technology, expand new energy market, so as to improve the company's industrial layout, improve performance scale.