Ionix Technology Arm Self-Developed and Researched Lithium Ion Battery Product

Ionix Technology announced that one of its wholly-owned subsidiaries Huixiang Energy independently developed and researched lithium-ion battery product that has successfully passed the test of National Institute of Chemical Power Sources for Light Industry and obtained the test report.

China National Institute of Chemical Power Sources for Light Industry is the only professional institute specialized in the research and testing of chemical power sources in the Ministry of Light Industry. The impartiality, scientific and authority of the institute has been unanimously recognized by the industry.

The lithium-ion battery product independently developed and submitted by Huixiang Energy has been successfully passed the items including the charge and discharge capacity under normal temperature, 5C（12 minutes rate）charge capacity under normal temperature, and the discharge capacity under low temperature of -40 ° C and -50 ° C at 1C which reflects that the battery has broad adaptability and obvious low temperature performance and fast charge advantages, and it has exceeded the quality testing standards of relevant domestic products.

According to the test report content, the discharge capacity of the battery at minus 50℃ can reach more than 95% of the normal temperature discharge capacity.

Li Cheng, CEO of IINX, said, "Lithium ion batteries have won good market prospects and investment because of their advantages such as high voltage, small size, light weight, no memory effect, no pollution, small self-discharge and long life etc. This test verification is of great significance to IINX's independently developed low temperature and fast charge lithium ion battery. Relying on the advantages of scientific research, equipment, and management, etc., to create high-quality, high stability products, forming a unique product advantage, which will become a new profit growth point for the company to further expand the market scale for IINX and will provide strong support for the stable and rapid development of the company's business."