【备案 of Sodium Battery Project with 1GWh Capacity】On July 9th, ChaoWei Power Group Co., Ltd. invested approximately 120 million yuan, which was approved by the Management Committee of Zhejiang Changxing Economic and Technological Development Zone. The investment involves a project of high-safety, wide-temperature-range sodium-ion batteries for electric bicycles with an annual production capacity of 1Gwh.