The project is being developed by Dongyang Livenergy New Energy Technology Co., Ltd., with an initial investment of 1.5 billion yuan and a land area of 150 mu. The project focuses on the production lines for large cylindrical battery cells and sodium-ion battery cells. Construction progress is proceeding smoothly, with all individual steel structures completed, the mechanical and electrical general contractor on-site, main equipment procurement finalized, and indoor fire protection and HVAC systems currently being installed. The project is scheduled to commence operations in June this year. Upon commencement of operations, the project will supply products to the new energy vehicle and energy storage sectors, driving the development of the local new energy industry and supporting the industrial economic transformation and upgrading of Huashui Town.