Just something I found on Guoneng and thought I'd post it here. 赢合科技：一季报业绩预告维持高增长 date 2018-03-22
"Yinghe Technology: Quarterly Performance Forecast Keeps High Growth"
Google translator: (not sure if accurate)
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Signed a strategic cooperation agreement with two companies to strengthen the advantages of lithium battery equipment
On the evening of March 20, the company announced that it had signed "strategic cooperation agreements" with Beijing Guoneng Battery Technology Co., Ltd. and Henan Lisuan Technology Co., Ltd. The two customers chose to win and win technology as a strategic supplier and promised to give priority to the procurement of products and services under the same conditions in the new capacity building project. Among them, Beijing Guoneng is expected to increase its production capacity by 5 GWh in 18 years, and the corresponding equipment investment will be approximately 1.5 billion yuan. In 19 years, it is estimated that the new production capacity will be 5-10 GWh and the corresponding equipment investment will be approximately 1.5-30 billion yuan. In the next three years, Henan Lixuan plans to continue to increase its investment in lithium battery production business with an additional capacity of 10 GWh. Among them, 2018 plans to invest in an annual production capacity of 4GWh, and the corresponding equipment purchases are expected to be 1.2 billion yuan. The company has signed a strategic agreement with Guoneng Batteries and Henan Lianxuan to lay a solid foundation for the specific cooperation in the lithium battery equipment lineup in the future, and it is expected to have a positive impact on the Company's performance enhancement in 2018 and 2019.
Shenzhen Yinghe Technology Co., Ltd provides lithium battery production line solutions in China. Its products include MES systems, automatic pulping systems, coater series, roller series, cutter series, pelleter series, winder series, die cutting machines, lamination machines, automatic assembly lines, liquid filling machines, cylindrical winding series, and pack automatic lines. The company was founded in 2006 and is headquartered in Shenzhen, China. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=83392187
