[Nanjing LG Auto Battery Plant 2] Stainless Steel Metal Hose Contract

The official website of Shanghai Songjiang Shock Absorber Group Co., Ltd. presents: [Nanjing LG Auto Battery Plant 2 Pipeline Project] Stainless Steel Metal Hose Contract Information. Songjiang Group supports various auto battery plant pipeline projects. Below is the supply certificate for the stainless steel metal hoses provided for the pipeline project at Nanjing LG Auto Battery Plant 2.

1. Introduction to Nanjing LG Auto Battery Plant 2:

LG Electronics, a wholly-owned Korean enterprise, is a Fortune 500 company with a long product line offering high-quality products, including LG DVD and other audio and video equipment.

Summary: LG Energy Solution (Nanjing) has established its second plant in the Binjiang Development Zone with a total investment of approximately $1.3 billion and a construction area of about 160,000 square meters. Once fully operational, the annual production capacity will reach 24 GWh. After reaching full production, the annual sales revenue is expected to be between 20 to 25 billion RMB.

Additionally, LG Energy Solution, the Binjiang Development Zone Management Committee, and Huaneng International Power have jointly signed a tripartite renewable energy supply cooperation agreement. Huaneng International Power and Binjiang Development Zone are working together to create the Huaneng Binjiang Integrated Energy Project, which will establish a microgrid to provide “green electricity” to park enterprises, including LG Energy Solution. This project has a total investment of 2 billion RMB and will be built in two phases.

Public information shows that LG Energy Solution is a wholly-owned subsidiary of LG Chem, establishing a global operating system with production bases in Ochang, Korea; Michigan, USA; Nanjing, China; and Wroclaw, Poland. It also operates R&D centers in Daejeon, Korea; Troy, USA; Nanjing, China; and Frankfurt, Germany.

With increasing sales of power batteries, LG Energy Solution continuously boosts production and reduces costs, thereby enhancing its profitability: in the first quarter, both sales and operating profit hit quarterly records, with sales reaching $3.82 billion and operating profit reaching $310 million.

According to the latest data released by the China Association of Automobile Manufacturers, from January to April, the cumulative installed capacity of power batteries in China was 31.6 GWh, up 241.1% year-on-year. Among them, the top three companies in terms of domestic power battery installed capacity from January to April were CATL, BYD, and LG Chem.

2. [Nanjing LG Auto Battery Plant 2 Pipeline Project] Stainless Steel Metal Hose Contract Introduction:

Below is the scanned copy of the stainless steel metal hose contract for the pipeline project at Nanjing LG Auto Battery Plant 2. Please do not modify or reproduce:

This cooperation with Nanjing LG primarily involves stainless steel metal hose products.

 3. [Nanjing LG Auto Battery Plant 2 Pipeline Project] Stainless Steel Metal Hose Introduction:

Flexible hose with small pitch between coils and a small bending radius.

Excellent elasticity, no blockage or stiffness.

Lightweight with consistent diameter.

Good flexibility, repeatability in bending, and ductility.

High resistance to corrosion and high temperatures.

Resistant to rodent bites and wear, preventing internal wires from being damaged.

Strong resistance to bending, tensile stress, and lateral pressure.

Smooth and soft, easy for wire threading and installation positioning.

Multiple compatible hose fittings, making it easy to connect with instruments and equipment.