Recently, Jilin Aaron Technology Co., Ltd. (hereinafter referred to as "Ya Rong Technology") invested 1.49 billion yuan to build an annual production capacity of 20,000 tons of lithium battery cathode material R & D and production base project officially signed in Jilin Economic Development Zone.

　　The project has a total investment of 1.49 billion yuan and covers an area of ​​300,000 square meters. It has an annual output of 20,000 tons of lithium manganese manganese cobalt oxide, 1890 tons of cobalt sulfate per year, 1310 tons of copper sulfate per year, and 1034 tons of zinc sulfate per year. Process production line and public and auxiliary facilities needed for production and living. After completion, it is expected to achieve sales income of 3.154 billion yuan, profit of 330 million yuan, and tax revenue of 110 million yuan.

　　At present, the registration of the new company has been completed, and the EIA has commissioned the preparation of the EIA report and proceeded with the regulatory procedures. The next step of the project will be promoted by various functional departments, and strive to enter the construction phase as soon as possible.

　　Yarong Technology is a domestic manufacturer of nickel-hydrogen batteries and lithium-ion battery cathode materials. It was established in 1997 and successfully landed on the National Small and Medium Enterprise Share Transfer System (New Third Board) on July 1, 2015. In 2014, the company invested 125 million yuan to build a battery material production base with a total area of ​​35,000 square meters, forming a whole industrial chain integrating product research and development, raw material pretreatment, liquid distribution, synthesis, sewage treatment and battery material testing.