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Cost reduction of risk-proof lithium companies speed up the industry chain

Lithium battery enterprises Xuan tech recently announced that baic new energy work to be started ' equity financing, this round was to increase the registered capital of 1.2 billion yuan. To promoting Hefei Xuan baic's new energy and cooperation in the field of new energy vehicles, to promote new energy automobile industry development, Xuan to be with their own capital subsidiary Hefei 307.2 million subscribe to Beijing Auto's new energy new registered capital of 120 million Yuan. After the capital increase is completed, Hin baic's new energy will hold 3.75% shares in Hefei.