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Foshan Plastic Technology has officially declared that its wholly-owned entities, Hebei Jinli and Hubei Jinli, are set to embark on a significant venture by investing in the development of high-end coated separator projects. The cumulative investment for these initiatives is projected to reach around 810 million yuan. Specifically, the Hebei Jinli West Zone project is earmarked for an investment of approximately 537 million yuan, with the anticipation of manufacturing 1.7 billion square meters of premium wet-process lithium battery coated separators annually once fully operational. Concurrently, the Hubei Jinli project will see an investment of roughly 273 million yuan, aiming to produce 840 million square meters of the identical product type on an annual basis post-completion.
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