· Beijing Granville shares invested 540 million to set up a joint venture company with production capacity of lithium titanate

Beijing Granville shares March 10, 2017 evening announcement, the company and Lianyungang right way New Energy Automotive Systems Co., Ltd., Ningbo is Granville Investment Management Center jointly set up tripartite Ningbo Jing Wei Power Battery Co., Ltd., a joint venture company registered capital of 2 billion yuan, the company invested 5.4 billion, accounting for 27%. Jingwei shares said in an interview that the investment will enable the company to produce lithium titanate batteries, which will promote the company's production of new energy electric vehicles.
Jingwei shares said: "The establishment of battery companies, the layout of new energy vehicles is more perfect. Power batteries are the core components of new energy vehicles, the value of bicycles is extremely high. Lithium titanate batteries have the advantages of good safety, long life, fast charge and quick release. It is more suitable for use in buses and other fields. The company has previously deployed in the fields of new energy buses and passenger cars, and this time it has established a lithium titanate battery production enterprise, which is expected to form a good complement with Wuzhou Longxin Energy Bus Technology. It has promoted the company's production of new energy vehicles. The company's new energy vehicle industry has a more complete layout and is optimistic about long-term development."

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