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Song Qinghui:Power lithium battery industry is growing rapidly Refractory materials industry shows high prosperity 

“Kechuang New Material intends to invest rmb 130 million to build a production line of silicon carbide composite materials for new energy batteries, which  will help meet the strong market demand on the one hand, and improve the quality of the listed company's assets, enhance its sustainable profitability, strengthen and expand its main business as well as increasing its performance on the other hand. Driven by the national vigorous development of new energy vehicles, the current scale of China's power lithium battery industry is growing rapidly, which also directly drives the application prospects of the refractory industry in the new energy battery segment.The industry shows a high degree of prosperity,” said renowned economist Song Qinghui in an interview with the Securities Daily  reporter. 

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