August 10, integrated into the flight report said CNAC subsidiary of lithium (Luoyang) Co., Ltd. and Changzhou Jintan District People's Government signed a "joint venture" in the Air lithium-ion battery project "cooperation agreement of intent", the Air lithium quasi in cooperation with the Jintan government jointly build "China Aviation lithium-ion battery project", project planning 1,000 acres of land, the total investment is expected to 12.5 billion yuan, after the completion of the formation of lithium-ion battery production capacity of 12 billion watts.
Construction project in three phases, the first phase investment of 2.5 million yuan, covering 200 acres, lithium-ion battery production capacity of 20 million watts formed after the completion. After the implementation of the first phase of investment, according to the progress in the implementation of investment and market conditions then determined to carry two, three investment. As implementation of the main project. The project company registered capital of not more than 4 billion yuan, the Air lithium in cash and technology and other intangible assets, the ratio of not less than 30%.