On April 22, Desay Battery made an announcement detailing its strategic initiatives. To further its strategic vision, refine its industrial structure, and solidify its market position in the consumer electronics segment, its wholly-owned subsidiary, Huizhou Desay Battery Co., Ltd., is set to embark on a venture into the consumer battery cell business. This endeavor will encompass a phased rollout of production lines and ancillary facilities dedicated to the manufacturing of consumer-grade soft-pack lithium-ion battery cells.

Once fully operational, the project is anticipated to attain an annual production output of 200 million consumer-grade soft-pack lithium-ion battery cells, with the total investment capped at 2.5 billion yuan. The initial phase of the project is slated for completion by the end of 2027. Upon reaching this milestone, it is projected to have an annual production capacity of 60 million consumer-grade soft-pack lithium-ion battery cells, with the associated investment not surpassing 1 billion yuan.