Gasgoo Munich- July 2 marked a dual milestone in Chongqing's Fuling High-tech Zone: the groundbreaking of Qingtuo New Materials' 700,000-ton stainless steel cold rolling project and the topping out of REPT's 30GWh battery base. The event also saw the on-site signing of six supporting advanced materials projects, with a combined agreed investment exceeding 30 billion yuan.
Image source: Fuling Release WeChat account
The first phase of the REPT battery project targets 12GWh of capacity for both energy storage and power batteries, serving passenger and commercial vehicles as well as home and industrial storage systems. Jointly driven by Tsingshan Industrial and SAIC Motor, the facility will plug a critical gap in battery cell manufacturing for Fuling, bolstering the local cluster for intelligent connected NEVs and components.
Breaking ground simultaneously, the Qingtuo New Materials facility involves a 2 billion yuan investment across 400 mu. It will feature fully digital cold rolling lines producing 200, 300, and 400 series stainless steel. Slated for completion by June 2027, the plant is projected to generate 10 billion yuan in annual output at full capacity, plugging a gap in Chongqing's high-end cold-rolled stainless steel production. The park has also set aside 1,600 mu for future expansion, aiming to extend the value chain from smelting and hot rolling to cold rolling and deep processing.
These two initiatives will create synergies with other major projects, including Huafeng Aluminum's 450,000-ton high-end aluminum sheet and foil plant for NEVs and Shinyray Auto's digital factory. Together, they aim to drive the growth of Fuling's metal materials and NEV clusters. Leveraging a "10+N" industrial chain strategy, Fuling is implementing a "chain master partner" plan to evolve the sector from simple corporate aggregation to a collaborative ecosystem.
