Is the lithium battery of Luoyang AVIC going bankrupt soon?

Not closed down. AVIC Lithium Battery (Luoyang) Co., Ltd. is a high-tech new energy company invested by AVIC and its subordinate units and controlled by Cheng Fei Group, specializing in the research and development and production of lithium-ion power batteries and battery management systems. The company undertook the important tasks of the national 863 major project "High-capacity lithium iron phosphate power battery and power module technology development", "High-energy lithium ion battery and module technology development" and "High-safety power battery functional diaphragm technology development".