On May 9, CALB and Xiamen Torch Hi-tech Industrial Development Zone signed a project cooperation framework agreement, in which the two parties reached a consensus on the construction of CALB Xiamen base for promoting the 30GWh power battery production capacity.

At present, Xiamen project phase I has been successfully put into operation. During the construction of project phase II, it has been repeatedly reported for its new records in industry construction, with "Xiamen speed" and "CALB speed" appreciated by the industry.

When the CALB Xiamen project completes, an international leading intelligent chemical factory with an annual capacity of 50GWh will be available, which will be a leading, green and intelligent benchmark base for the industry.