Xiaolu Battery was established in Jining Economic Development Zone in July 2019, with a registered capital of 253 million Chinese Yuan and more than 500 employees. It is a new energy technology enterprise specializing in the research and development, production, sales and application of lithium-ion batteries.
The company has the domestic first-class lithium automatic production line, in order to meet the diversified needs of customers, the company designed and developed battery cell and battery module products, covering power, power tools, digital appliances, energy storage and other fields, with high safety and reliability, high energy density, long cycle life, cost-effective and other multiple advantages, since the production of products in short supply. In 2021, the first production line of the enterprise will be put into full operation in the first year, achieving an output value of 150 million Chinese Yuan. By 2022, the output value will reach 300 million Chinese Yuan.
In order to meet the growing order demand, the company plans to expand the production of 2GWH lithium-sodium battery hybrid production line. After the completion of all projects, it is expected to achieve operating income of more than 3 billion Chinese Yuan.