On the 16th, the groundbreaking ceremony of Hefei Xingyuan New Energy Materials Co., Ltd. was held in the Lujiang Economic Development Zone, Hefei. The settlement of this project marks the beginning of the construction of the largest power lithium-ion battery separator production base in East China. It is also another major investment promotion project to land in Hefei, and is of great significance to Lujiang's efforts to build a world-class new energy battery materials industrial base.

The project has a total investment of 3 billion yuan, covers an area of about 112 mu, and has a building area of about 90,000 square meters. After the project is fully completed and reaches full production, its annual output value will be about 5 billion yuan.