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On November 17, 2017, Fenghua District of Ningbo observed the grand ceremony of Ningbo Jingwei Traction Battery Co., Ltd. marking the beginning of the first phase construction of HK Group Traction Battery Project. Guests attending the ceremony included Mr. Song Yueshun, Executive Vice Mayor of Ningbo; Mr. Gao Haomeng, Secretary of CPC of Fenghua District; Mr. Zhang Wenbin, District Mayor of the People’s Government of Fenghua; Mr. Zhou Tao, Director of Standing Committee of Fenghua District People’s Congress and Mr. Wang Debiao, CPPCC Fenghua Committee, along with Mr. Xu Jianguo, CEO of Hybrid Kinetic Group; Mr. Gong Bin, Board Director of Beijing WKW Automotive Parts Co., Ltd., and guest of all walks of life. According to the general planning, this project serves as the accessory project of the HK clean energy vehicle manufacturing site with the capacity of 300,000 per year. The whole project will cover an area of 311 mu (=207,000 square meters), while the first-phase construction, wit
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