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01

2021

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12

Chongqing Environmental Protection Fund Invests in Guangdong Dongdao New Energy's 150,000-Ton Annual Capacity Anode Material Project—Construction Kicks Off

Release time:01 Dec,2021


 

On October 28, 2021, the groundbreaking ceremony for Guangdong Dongdao New Energy's 150,000-ton annual capacity project producing high-end power battery materials was held in Yilong New Area, Xingyi City, Guizhou Province. The project is backed by a fund invested in and held by Chongqing Environmental Protection Industry Equity Investment Fund Management Co., Ltd.

Guangdong Dongdao New Energy Co., Ltd. was established in June 2011 as a national high-tech enterprise dedicated to the research, development, and production of anode materials for lithium-ion power batteries. Over the years, the company has been recognized as an innovative enterprise in Guangdong Province, a specialized, refined, distinctive, and innovative SME in Guangdong, and a demonstration base for innovation and industrialization among SMEs in the province. Additionally, the company’s R&D center has been accredited as both the Guangdong Provincial Engineering Technology Research Center for Lithium Battery Materials and the Guangdong Provincial Enterprise Technology Center. To date, the company has filed over 80 patent applications, with 54 patents already granted—among them, 32 are invention patents. Its products are currently supplied to a wide range of customers, including Shenzhen Betray, South Korea’s POSCO, CATL, Bic Battery, Tianjin Lishen, EVE Energy, Tafel, Zhongshan Tianmao, Funeng Technology, and Zhuhai Guanyu. On July 17, 2021, with key leaders from the Qianxinan Prefecture Party Committee in attendance, the company signed a project investment agreement with the Yilong New Area Management Committee. Subsequently, on August 18, 2021, the company officially registered and established Guizhou Dongdao New Energy Materials Co., Ltd.

The fund under Chongqing Environmental Protection Industry Equity Investment Fund Management Co., Ltd. invested in Guangdong Dongdao New Energy Co., Ltd. in June 2021, marking another vivid example of how the Chongqing Environmental Protection Fund is actively supporting the development of the green and low-carbon industry.

Environmental protection