On April 18, Tianqi Automation Engineering Co., Ltd. announced that Ganzhou Tianqi Cycle, a wholly-owned subsidiary of the company’s lithium battery recycling sector, plans to invest in the construction of Longnan Economic and Technological Development Zone, Ganzhou City, Jiangxi Province, with an annual processing capacity of 150,000 tons of lithium iron phosphate batteries. Project (Phase I). The project will be implemented in two phases. The planned capacity of the first phase of the project is to process 50,000 tons of waste lithium iron phosphate batteries per year, and the planned capacity of the second phase of the project is to process 100,000 tons of waste lithium iron phosphate batteries per year. The total investment of the first phase of the Ganzhou Tianqi Cycle to be implemented is expected to be no more than 380 million yuan.
According to its official website, Tianqi Co., Ltd. was founded in 1984 and listed on the Shenzhen Stock Exchange in June 2004, becoming the first batch of listed companies in the A-share SME board reform. As a national high-tech enterprise, a national innovative enterprise, and a national intellectual property demonstration unit, Tianqi Co., Ltd. has always adhered to the core values of “integrity, diligence, innovation, and win-win”, trusting the market, serving customers, and now has a national-level enterprise Technology Center, National Post-doctoral Research Station, Jiangsu Logistics Automation Equipment Engineering Technology Center and other R&D innovation platforms, and formed three major business segments of intelligent equipment, recycling, and heavy machinery.
At the same time, Tianqi has also established a number of subsidiaries across the country. Its products and services mainly involve automobile manufacturing, intelligent warehousing, recycling equipment, scrapped automobile recycling and dismantling, lithium battery recycling and processing, new energy engineering, heavy industry manufacturing and other industrial fields. It has gradually formed automatic logistics equipment, intelligent warehousing and sorting, information technology development and service, equipment remote fault diagnosis analysis and cloud service, solid waste treatment intelligent equipment, scrapped automobile recycling and utilization, large precision casting parts processing, new energy An industrial group with comprehensive business such as engineering, lithium battery recycling and utilization.