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21 Aug
07:42

Ningbo Zhenyu Technology terminates Yibin-based battery component project

Shenzhen-listed manufacturer Ningbo Zhenyu Technology said it has recently terminated plans to develop the second-phase of a battery precision structural component project located in Yibin, Sichuan Province. According to a company filing to the stock exchange, the management committee of the Sanjiang New District of Yibin, and the people’s government of Yibin City have both agreed with the termination of the expansion project. The CNY 500 million ($68.77m) …
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