On April 17, 2020, the foundation laying ceremony of Ritar International Group’s Industrial Transfer Supporting Park and the opening ceremony of Hengyang Rich Power's Lithium Battery Pack Line Project were held in Hengyang Ritar Industrial Park, Songmu Economic Development Zone, Hunan Province.
The investment of the two projects is planned to be 600 million yuan. After completion, the Industrial Transfer Supporting Park mainly produces high-performance fiber materials, nano materials for batteries, lithium-ion battery materials, environmental friendly packaging materials, etc. After Hengyang Rich Power Co., Ltd fully operates, the annual production capacity of lithium battery is expected to reach 650 million yuan, and the annual production capacity of BMS is expected to reach 200 million yuan!
Hu Jiada, Chairman of Ritar International Group, introduces Ritar Industrial Transfer Project
Lei Hua, Secretary of Party Working Committee and Director of Management Committee of Songmu Economic Development Zone, gives a speech
Leaders and guests lay the foundation stone
Hu Jiada and Lei Hua unveil the nameplate of Hengyang Rich Power Co., Ltd
The commencement of the two projects marks the further implementation of Ritar International Group's investment and development plan in Hengyang, and also an important milestone for Ritar to achieve its three 10 billion development goals!
1. Ritar Industrial Transfer Supporting Park: the purpose is to speed up the transfer of Ritr industry into the park, increase the upstream and downstream industrial clusters and supporting facilities of batteries, and strive to build supporting projects for industrial transfer. The project covers an area of 109,800 square meters and a total construction area of 88,304 square meters. After completion, it mainly produces high-performance fiber materials, nano materials for batteries, lithium-ion battery materials, environmental friendly packaging materials, etc.
2. Hengyang Rich Power Co., Ltd.: it focuses on the safety lithium battery as the technical guidance, gathers the industry's advantageous resources, develops new energy, new ideas and new products, and creates the company's core competitiveness.
Hengyang Rich Power's lithium battery pack line project rents Hengyang Ritar’s No.6 and No.7 workshops, covering an area of 4,400 square meters. It was officially put into operation at 8:18 am on April 17. After the Lithium battery factory goes into full operation, the annual production capacity of lithium battery can reach 650 million yuan, and the annual production capacity of BMS can reach 200 million yuan.
Hengyang Rich Profile
Hengyang Rich Power Co., Ltd. was established on Sept 27, 2019. It is a comprehensive enterprise integrating research, development, production, operation and related industries of new energy battery.The main business scope: lithium-ion batteries, lithium polymer batteries, fuel cells, motive power batteries, ultra-large capacity energy storage batteries, super capacitors, battery management systems and rechargeable battery packs, wind/photovoltaic energy storage systems, and development, production, sales and after-sales service of related equipment and instruments; investment in the new energy industry.
Main business: Energy storage lithium battery system provider
Focusing on the research, development, production and sales of new energy vehicle power battery systems and energy storage systems, it is committed to providing first-class solutions for global new energy applications. The company has core technological advantages and sustainable research and development capabilities in key areas of the industrial chain such as battery safety, battery materials, battery systems, and battery recycling, forming a comprehensive and complete production service system.
At the beginning of the company's establishment, it cooperated with universities and scientific research institutions at home and abroad to overcome the technical problems in the current lithium battery and battery system, reduce the risk of battery failure, and improve the safety application level of the lithium battery and system. In the test of the current batteries developed by the company, all performance and technical parameters have reached and exceeded the national standards, and some parameters are ahead of the standards of some international giant battery companies. The company has obtained many national patents in the field of lithium battery technology. Relying on the strong strength of Ritar International Group, Hengyang Rich will spare no effort to build an international first-class management system, first-class production system and first-class service system to provide customers with high-quality products and services.
Lithium Battery Introduction