In May 2024, Zhejiang Amandarry New Material Technology Co., Ltd. signed an investment agreement with Anhui Lu’an High-Tech Industrial Development Zone to launch a 1.1 billion RMB sodium-ion battery cathode material production project. Upon completion, the project will have an annual capacity of 40,000 tons, driving advancements in the sodium battery sector.

The first phase (5,000 tons/year) is expected to begin operations by June 2025. The second phase will be completed by the end of 2027.

Amandarry will continue to lead in innovation, collaborating with partners to build a low-carbon, efficient energy ecosystem.