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LEOCH INT'L (00842.HK) intends to purchase several production facilities from Guangdong Maxil.
On December 12, Gelonghui reported that LEOCH INT'L (00842.HK) announced that due to the expected growth in sales of its Battery products, especially the rapid growth trend in overseas market demand, the group has been continuously expanding its capacity through the construction of new workshops, renovation of existing workshops, and other measures. Since Zhaoqing Keli (a wholly-owned subsidiary mainly engaged in manufacturing production facilities) could not meet the group's total demand for production facilities in time to align with the group's production schedule, on December 12, 2024, Zhaoqing Keli (as the buyer) entered into a purchase agreement with Guangdong Maxir (as the seller), according to which Zhaoqing Keli has.
Express News | Leoch International Technology Ltd - Total Cash Consideration of RMB50.8 Mln
Express News | Leoch International Technology Ltd - Purchase Agreement for Production Facilities
Leoch International to Renew Battery Purchase, Sale Agreements With Chairman, Associates
The dual catalysis of 'technology + demand' has once again brought a 'mini spring' to the industrialization process of solid state batteries.
As of today's closing, stocks related to solid state battery concept have risen by 2.64%. On November 7, Chongqing Changan Automobile and Tianneng New Energy jointly released solid state lithium battery technology without separator. This technology achieves for the first time in the industry the elimination of traditional liquid lithium battery separator by introducing a high-density composite solid-state electrolyte layer on the surface of the polarity sheet to replace the separator function.
Goldman Sachs Researchers See Battery Prices Falling By Nearly 50% By 2026 End, Driving Consumer-Led EV Adoption
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