Lingxin (Chongqing) New Energy Co., Ltd. (hereinafter referred to as 'LNE') was established in February 2023, located in Changshou District, Chongqing. It is an energy technology company specializing in monomer solid-state lithium battery. It has leading technology and R&D advantages in the field of energy storage and high-power vehicles.

Since its establishment, LNE has achieved success in trial production of samples through process validation. It will start large-scale production of solid-state batteries at the end of the year. Recently, LNE has completed the first round of financing, which is led by China Merchants Capital. The funds raised will be mainly used for the construction of 5GWH production lines and the development of new material systems.

The products of LNE are mainly large-capacity lithium iron phosphate polymer solid-state battery and large-capacity ternary polymer solid-state battery, which are mainly used in large commercial implements, ships and energy storage.

The solid-state batteries developed by LNE have the advantages of large capacity, high specific energy, ultra-large current, ultra-low internal resistance, good low-temperature performance, low comprehensive pack cost, and high safety performance. In the future, they will have broad application prospects and unique competitive advantages in high-power implements, transportation, energy storage and other industries.