Wanbao Energy Co., Ltd. is a high-tech enterprise specializing in the research, development, production and sales of polymer lithium ion batteries, cylindrical lithium ion batteries (lithium ion batteries and lithium iron phosphate batteries). The company was formed by the merger of Youke Energy (Zhangzhou) Co., Ltd. and Zhangzhou Wanlida Energy Technology Co., Ltd. It was first established in 2004. It is located in Nanjing High-tech Park, Zhangzhou, Fujian Province, with a registered capital of 50 million Hong Kong dollars and a cumulative capital investment of 500 million Diversified. At present, the company has a production area of nearly 100,000 square meters and more than 2,000 employees. The company currently produces 5 million cylindrical lithium-ion batteries and 6 million polymer lithium-ion batteries per month.