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Hybox (688411.SH) has revealed that its fully-owned subsidiary, Hybox Intelligent Manufacturing, is set to embark on the "Hybox Intelligent Green Energy Storage Factory Project." This ambitious endeavor comes with an anticipated total investment of 2 billion yuan. The project will find its home at the Beijing High-end Manufacturing Industry Base situated in Fangshan District, Beijing.
The core focus of this project lies in the research and development, production, and testing of energy storage integrated systems. Its overarching goal is to construct an all-encompassing energy storage industrial hub and bolster the company's prowess in high-end energy storage products. It is anticipated that this project will yield a favorable influence on the company's future financial and operational outcomes, thereby fortifying its long-term sustainable growth and profitability.
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