LVSUN Group Formally Signs the Hunan Innovation Industrial Park Project in Yongzhou

On the left is LVSUN Chairman Mr. Xu Jianhua

The 2015 Yongzhou (Shenzhen) Industrial Investment Promotion Seminar and Key Project Signing Ceremony was held in Shenzhen on June 3, 2015. Xie Chaoying, Director of the Hunan Provincial Commission of Economy and Information Technology; Zhou Yue, Deputy Head of the Hunan Provincial Department of Commerce; Xiang Shuguang, Deputy Party Secretary and Mayor of Yongzhou; and other relevant leaders attended and addressed the meeting. LVSUN Group Chairman Mr. Xu Jianhua and Daoxian County Head Liu Yong formally signed the agreement. The signing ceremony received strong support from the Yongzhou Municipal Committee and Municipal Government, the Daoxian County Committee and County Government, and other related departments. Leaders and guests from Hunan Province, Yongzhou City, and Daoxian County, together with two mainstream media outlets from Shenzhen and Hunan, witnessed this momentous occasion.

The LVSUN Group innovation industrial park is located in Daoxian County, Hunan Province, covering an area of about 120 square meters, with an expected investment of more than 200,000,000. It specializes mainly in the design and development of lithium batteries, power supplies, chargers, smart-home products, wearable devices, and other high-tech products. Once completed, the project is expected to reach an annual output of more than 1 billion, generate profits and taxes exceeding 100 million, and provide more than 2,000 jobs.

The signing marks LVSUN Group's move toward new economies of scale in the Industry 4.0 era, its drive to build an internationally renowned brand in the lithium battery and power industries, and its ambition to become one of the world's Top 500 companies.