jiangsu yueda new energy battery co., ltd

jiangsu yueda new energy battery co., ltd. was established in may 2016 with a registered capital of us $20 million. hyundai mobis co., ltd. holds 50% and yueda automobile development co., ltd. holds 50%. it is a high-tech enterprise specializing in the r & d and production of battery modules, battery packs, battery systems and parts of new energy vehicles. at present, the company's main customers are dongfeng yueda kia and beijing hyundai, and is actively exploring customers other than korean car enterprises. the company now has 85 employees. in 2020, the sales revenue is 130.44 million yuan and the net profit is 810000 yuan, of which the revenue of beijing modern supporting business accounts for 72%, and the revenue of dongfeng yueda kia supporting business accounts for 28%. at present, the company plans to build a hybrid battery export base with a total investment of 60 million yuan. the construction will be started in the fourth quarter of this year. it plans to export 80000 sets of hybrid batteries / year, and the annual sales revenue can be increased by 700 million yuan after reaching the production capacity.