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Huigong (Hebei) Machinery Group Co., Ltd.

Huigong (Hebei) Machinery Group Co., Ltd. (hereinafter referred to as Huigong Machinery) was established in 2001 and is located in the industrial zone of Julu County, Hebei Province. It covers an area of 130,000 square meters and a building area of 80,000 square meters. It has fixed assets of more than 300 million yuan, an annual output value of more than 500 million yuan, more than 300 employees at the headquarters and more than 100 overseas employees. For 20 years, Huigong Machinery has been committed to the research and development, production, sales and maintenance services of key parts such as large-scale heavy-duty mining dump trucks, excavators, and engineering machinery gearboxes, and has accumulated valuable experience.

Xingdong Lithium Battery Technology Co., Ltd.

Xingdong Lithium Battery Technology Co., Ltd. is part of our Huigong Group and engages inthe research, development and manufacturing of Lithium-ion cells for electric vehicles (EV)and energy storage systems and also produce EV batteries and containerised energy storagesystems. We rank among the top 25 lithium-ion battery manufacturers in China. Our project isdivided into three phases, which includes construction of 8 fully automatic cell production linesand 15 battery pack lines and includes more than 120 equipment for inspection and researchand development. Once fully operational, the project will produce 24.5GWh/year capacity ofcells and 3 milion battery packs annually. Our production line equipment are sourced from Tier1 manufacturers,who have the world's leading level of automation and intelligent equipment foilithium-ion cell and battery pack production.