Shandong Pengxiang Photo-Electric Technology Co., Ltd. Was founded in 2013, to meet constant development of lithium battery industry. Our company is located in Zaozhuang Economic Development Zone, with register capital of RMB 20 million Yuan. According to modern enterprise development requirement, we entrust domestic famous design company ot carry on comprehensive planning. It is a high-standard lithium ion battery manufacturing enterprise. Our company covers an area of 86667m2. And our construction area is 60600m2. We will build 3 cylinder lithium battery production lines, providing #18650 and #26650 products, with daily output of 100000 pieces. Our estimated investment is RMB 76 million Yuan. And our annual production value will reach about RMB 220 million Yuan. Our annual tax and benefit will reach RMB 36 million Yuan. Insisting on enterprise spirit of "dedicated, integrity, high-efficient and constant innovation", we will do our best to make contributions to lithium battery industry and local economic development.