2. Technological innovation: Quzhou polar battery adopts innovative pole piece "double pump coupling technology" and "double light control monitoring feedback system" in coating and calendering process to improve battery quality, while Xinwangda has made a breakthrough in silicon anode battery technology and will realize mass production in 2023.
3. Market Positioning: Quzhou Polar Battery is positioned as a fast charging solution provider in the high-end market, while Xinwangda provides diversified products and services for a broader market.
4.R&D investment: According to the data, Xinwangda's R&D investment is relatively high, and its R&D rate is 5.26%, which is higher than the industry average. Although there is no specific data disclosure of Quzhou Polar Battery, as a part of Geely Holding Group, it is expected that there will be some R&D investment to ensure the advanced technology.
5. Quzhou Extreme Speed Battery refers to the world's first mass-produced 800V lithium ferrous phosphate ultra-fast rechargeable battery released by ky Krypton Intelligent Technology Holdings Co., Ltd., a subsidiary of Geely Holding Group. Also known as "BRICS". This kind of battery represents many pioneering technical achievements in the world, especially in charging speed and safety. Xinwangda Electronics Co., Ltd. is a joint-stock enterprise established in 1997. Headquartered in Baoan District, Shenzhen, the company focuses on the manufacture of electronic equipment such as computers and communications, especially the research and development and production of secondary battery modules such as nickel-hydrogen batteries and lithium-ion battery modules.