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Zhuhai CosMX Launches RMB 2 Billion Battery Project in Malaysia

published: 2025-01-25 13:58

According to STARTINGPOINT, on the morning of January 21, the groundbreaking ceremony for Zhuhai CosMX Battery's Malaysia subsidiary, Unimx Technology Malaysia Sdn. Bhd., was successfully held. Chairman Xu Yanming, accompanied by the group's management team, participated in the ceremony alongside distinguished guests, including YB Prof. Dr. Haim Hilman Bin Abdullah, a member of the Kedah State Executive Council; Puan Zalina Zainol, Vice President of the Malaysian Investment Development Authority; and YBhg. Dato' Haji Elmi bin Yusoff, Mayor of Kulim City, Malaysia. Together, they marked a significant step forward in CosMX's global expansion efforts.

As a world-leading enterprise specializing in the R&D and manufacturing of polymer lithium-ion batteries, CosMX Group is dedicated to technological innovation, exceptional quality, and customer satisfaction. The establishment of the Malaysia production base will further enhance CosMX's global manufacturing footprint. This project will introduce world-class intelligent production lines, providing robust support for strengthening CosMX's position in international markets and serving global customers. Additionally, it will enhance the company's competitiveness in the global lithium battery manufacturing sector.

"The establishment of CosMX’s Malaysia production base aims to better meet the rapidly growing needs of our international customers," said Xu Yanming, Chairman of CosMX Group, during the ceremony. "This project will bring us closer to our customers and enable us to serve them more efficiently, thereby boosting CosMX's overall competitiveness. At the same time, we hope this project will contribute positively to Malaysia’s economic growth, technological advancement, and green transition."

The total investment for Zhuhai CosMX Battery's Malaysia New Energy Project is estimated at no more than RMB 2 billion, with production expected to commence by the end of 2025. This project underscores CosMX's commitment to globalization and its strategic vision for the future of the industry.

Looking ahead, CosMX will continue leveraging its strengths in innovative technology and advanced manufacturing to pursue cutting-edge advancements in the lithium battery sector and promote the intelligent transformation of production. Upholding a philosophy of collaboration and mutual benefit, CosMX will steadily advance its global expansion while working hand in hand with partners to inject fresh momentum into economic growth, technological innovation, and societal progress.

Source:https://mp.weixin.qq.com/s/VTL7JrOurp95_M-WHPgFOw

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