Shandong Paizhi New Energy Technology Co., Ltd. is a subsidiary of Shanghai Paizhi Energy Co., Ltd. It was established on September 28, 2016. The company is based on mature industrialization key technologies, utilizes highly automated and precise research and development/production equipment, and focuses on the research and development, production, manufacturing, and sales of cylindrical lithium-ion batteries; At present, the company has four assembly production lines, including three fully automatic assembly lines, namely one 18650 production line, two 14 series automatic production lines, and one 18 shaped automatic production line. The daily production capacity is 1.15 million units, and the production efficiency is 120ppm; The planned construction area is 64000 square meters, with an industrial scale of 0.5GWh/year. The main application areas include 3C consumer products, Ebike, E-Motor, medical devices, portable energy storage, etc