Vision Battery shares in the company "Linli New Energy", layout of phosphate precursors industry

Sep 28, 2022

Rencently,Vision Battery shareholding company "Huanggang Linli New Energy Technology Co.(hereinafter referred to as "Linli New Energy") has received a new round of several hundred million RMB capital increase from the National Manufacturing Transformation and Upgrading Fund, Star River Capital, Deep Venture Capital, Honeycomb Capital and other well-known investment institutions and industrial capitals, and Linli New Energy intends to further expand its production capacity and promote the layout of the phosphate precursor industry.

Phosphate precursor materials are important basic raw materials for the metallurgical industry. With the rapid development of the national economy and the development strategy of the western part of China, the demand for downstream products of phosphate precursor materials has increased tremendously and the market is vast.

Linli New Energy focuses on the research and development, production and sales of phosphate precursors, and its self-developed one-step liquid-phase synthesis process has won the recognition of many leading companies for its high purity, high-pressure solid, batch consistency and cost performance.

Linli New Energy now has a phosphate precursor production capacity of over 100,000 tons per year at its Huanggang base, and will start the construction of phosphate precursor projects in Dazhou Hive Zero Carbon Industrial Park and other provinces and cities, which is expected to form a total annual production capacity of hundreds of thousands of tons of phosphate precursors by 2025, reaching the forefront of the industry.

With rich industrial chain resources, good social image and credit, Vision Battery has created a new investment and cooperation ecosystem through reasonable industrial planning and investment layout, and research cooperation with companies and universities with leading technologies.