Shangtai technology energy storage business

Does shangtai technology have a subsidiary in Malaysia?

On October 14th, Shangtai Technology announced that the company plans to establish a wholly-owned subsidiary in Malaysia with its own funds or self-raised funds, and invest in the construction of a 50,000-tonne lithium-ion battery anode material project in Malaysia.

Will shangtai technology invest in a lithium-ion battery production facility in Malaysia?

On October 14, Shangtai Technology officially announced its plan to invest in the construction of a production facility in Malaysia with an annual capacity of 50,000 tons of lithium-ion battery anode materials. The project will be carried out through a wholly-owned subsidiary established with either the company’s own funds or self-raised capital.

Who is shangtai technology?

As an emerging anode material supplier, Shangtai Technology focuses on artificial graphite, which has outstanding advantages in autonomy and integration. The key equipment is independently designed and developed, and the whole process is produced by itself, creating many integrated production base of high-performance anode materials.

Where is Shijiazhuang shangtai based?

Chinese lithium-ion battery anode material manufacturer Shijiazhuang Shangtai plans to build a production plant in Kedah, Malaysia. The Shenzhen Exchange-listed company on 13 October approved the set-up of a wholly-owned subsidiary Shangtai Technology Malaysia.

Why is shangtai technology investing in Malaysia?

As a leading high-tech enterprise in the field of independent R&D, integrated production, and sales of emerging lithium-ion battery anode materials, Shangtai Technology sees this investment in Malaysia as a strategic move.

Is shangtai Tech a national high-tech enterprise?

In April 2018, the first phase of Shanxi plant started construction. The annual output of 4000 and 7000 tons of lithium anode graphitization expansion projects were completed respectively. Shangtai Tech has been appraised as a national high-tech enterprise.