Chuneng New Energy's 70GWh Li-ion Battery Project in Xiangyang Tops Out First Cell Workshop

On January 28, the first cell production workshop—Cell Workshop No. 3—of Chuna New Energy’s 70 GWh lithium battery project in Xiangyang achieved structural topping-out, marking the project's entry into a new phase of intensive main construction. Groundbreaking for the project took place on October 28, 2025, and it took only three months to complete the topping-out of its first core workshop, showcasing the "Xiangyang Speed." With a total investment of RMB 22 billion, the project is a key component of Chuna New Energy’s strategic layout of “One Headquarters, Two Centers, and Four Bases,” covering the entire industrial chain from cells and PACK to energy storage systems, with a focus on energy storage and power batteries. As a pivotal initiative in Xiangyang’s drive to build a RMB 100-billion-scale new energy industry cluster, the project’s rapid progress holds significant importance for optimizing the region’s industrial structure and promoting high-quality development. According to schedule, by February 6, over 80% of the individual buildings will have reached topping-out, as the project pushes full speed ahead toward early commissioning.