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Economic development

Shenyang's Chaoyang Economic and Technological Development Zone Boosts Regional Economy

Strategic Insights

— 1 min read

As the Chaoyang Economic and Technological Development Zone (Chaoyang ETDZ) in Liaoning Province continues to rapidly develop, it has become a hub of activity with machinery roaring on construction sites and workers toiling diligently to complete key industrial projects. One such project, the Yuanxin 10GWh UAV solid-state battery and energy storage equipment manufacturing project, is expected to be topped out by the end of the year, with two production lines for high-capacity, high-end drone all-solid-state batteries and two production lines for battery modules and new energy storage equipment. Upon completion, the project is expected to generate an annual output value of 3.3 billion yuan.

Key Takeaways:

  • The Chaoyang Economic and Technological Development Zone has accelerated the pace of project construction in the third quarter, promoting key industrial projects with large-scale investment and high driving force.
  • The Yuanxin 10GWh UAV solid-state battery and energy storage equipment manufacturing project is expected to generate an annual output value of 3.3 billion yuan and have an annual output of 1,000MWh.
  • Liaoning Jinglan New Materials Technology Co., Ltd.'s project will have an annual production capacity of 150,000 tons of iron-based amorphous alloy strip and 100,000 amorphous cores.
  • The Chaoyang Economic Development Zone has tailored a dedicated assistance and agency program for businesses, providing comprehensive follow-up services and meeting business needs.
  • A dedicated service team has been established to provide one-on-one, precise services and promptly coordinate and resolve difficulties and bottlenecks in project implementation.

Statistics:

  • 120 mu (approximately 16 acres) planned area for the Yuanxin 10GWh UAV solid-state battery and energy storage equipment manufacturing project.
  • 3.3 billion yuan expected annual output value of the Yuanxin 10GWh UAV solid-state battery and energy storage equipment manufacturing project.
  • 150,000 tons expected annual production capacity of iron-based amorphous alloy strip.
  • 100,000 amorphous cores expected annual production capacity.
  • 2.5 to 3 billion yuan expected annual output value of Liaoning Jinglan New Materials Technology Co., Ltd.'s project.
  • 1,000MWh expected annual output of the Yuanxin 10GWh UAV solid-state battery and energy storage equipment manufacturing project.
  • End of August expected installation date of equipment for the first amorphous production line.
  • End of October expected commencing date of production for Liaoning Jinglan New Materials Technology Co., Ltd.'s project.

Sources:

  • Shuangtaizi District of Liaoning Province (news release)
  • https://www.lnst.gov.cn/html/CYSTQ/202508/0175489615635728.html

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