Advertisement

Advanced Battery Technologies, Inc. (ABAT) announced that it has completed the transfer of assets relating to the purchased land and plant in Dongguan City, Guangdong Province and has now entered a phase of construction according to the company’s overall strategic business development plan.

The total project investment is approximately $83 million. The project investment has been approved by the Foreign Trade and Economic Council of Dongguan City, which was (2011) No.6 documents.

SOURCE

Advertisement
Advertisement