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Noblelift's wholly-owned subsidiary Wuxi Zhongding Integration Technology Co., Ltd. signed contracts totaling approximately RMB 388 million (about $61 million) with four SVOLT subsidiaries to provide pre-charging and warehousing logistics systems for battery production facilities in Suining, Huzhou, Nanjing, and Shangrao, China.
Shenzhen Jingji Electromechanical Technology, a wholly-owned subsidiary of Huazi Technology, received a notice of award from Baoding Changcheng Holdings to supply fully automatic pre-charge and formation systems for prismatic lithium-ion batteries to SVOLT Energy Technology for its Suining and Huzhou plants. The contract value is CNY 448.31 million.