Recently, the signing ceremony for the investment cooperation in the "High-end Equipment Manufacturing Project" between KOTA Technology Co., Ltd. and the Management Committee of Nantong Gangzha Economic Development Zone, Jiangsu Province was grandly held at Nantong Oasis International Hotel.
As an important holding subsidiary of the listed company Dawson Holdings, KOTA Technology is a domestic high-end new energy equipment company. After years of development, KOTA Technology's products have been fully verified and recognized by the market, and the products are in short supply. In order to meet the order demand, the company needs to further expand its production capacity. The total investment of the "High-end Equipment Manufacturing Project" signed by KOTA Technology and the Management Committee of Nantong Gangzha Economic Development Zone, Jiangsu Province is about 1 billion yuan. After the project reaches full production, it will achieve an annual output of 100 sets of vacuum magnetron sputtering equipment, 100 sets of vacuum evaporation equipment, 100 sets of composite copper foil all-in-one equipment, 200 sets of lithium battery foil production equipment and 6,000 sets of anode plates. The successful implementation of this project is conducive to enhancing KOTA Technology's competitive advantages in high-end equipment such as vacuum coating equipment, composite copper foil all-in-one equipment and electrolytic copper foil equipment, thereby bringing new growth poles for the continued rapid growth of the listed company's performance and laying a solid foundation for the company's continued healthy development in the future.
During the event, the two sides had in-depth exchanges on project construction and supporting services. Gangzha Economic Development Zone said it would take the initiative to provide precise services and strive to speed up the project's start, completion and commissioning.
The complete success of this signing ceremony is the step of sincere cooperation between the two parties. We believe that the friendly cooperation between the two parties will surely achieve complementary industrial chains and win-win strategic goals. KOTA Technology will adhere to its consistent business strategy, stay true to its original aspiration, and aspire to become an "internationally supplier of high-end new energy equipment". The company will do its to build the "Nantong High-end Equipment Manufacturing Project" with high quality and efficiency, make greater contributions to Nantong's economic construction, and draw a more magnificent blueprint for the in-depth development of KOTA Technology in Nantong.