On February 9th, Youngy Investment Holding Group Co., Ltd, a multinational enterprise, has signed officially a contract with Qionglai Municipal People’s Government. Youngy Investment Holding Group will invest 6 billion yuan on Tianfu New Area Qionglai Industrial Park to construct New Energy Automobile Battery Park Project. The park is established to complete in 2019. The project will include battery grade lithium salt and lithium metal material, the comprehensive utilization of new energy automobile battery and so on.

　　As a domestic well-known large multinational enterprise, Youngy Investment Holding Group involves many emerging industries including high-end microelectronics, flexible display material, environmental protection material and so on. Battery products and lithium battery for new energy terminal products have occupied domestic and international high-end markets. The New Energy Automobile Battery Park Project settled in Qionglai covers battery grade lithium salt and lithium metal material project of 40,000 tons/year, lithium battery positive and negative electrode material project of 10,000 tons/year, and new energy automobile and battery comprehensive utilization project of 1 million tons/year. After completion, the project will achieve annual sale revenue of over 12 billion yuan and offer 3,000 employments which will obviously enhance The marketing completion of Chengdu in new energy automobile battery producing and manufacturing field, promote the agglomeration of relevant high-tech projects, and achieve the upgrading of new energy automobile industries.