According to previously disclosed by Shell, the company intends to acquire Fushun Optoelectronics, a leading provider of LED lighting and display application products and system solutions, through a combination of non-public offering of shares and payment of cash to specific targets for 495 million yuan.

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The ternary Lithium Ion Battery is a lithium ion battery using Ni-Co lithium manganate as the positive electrode material and graphite as the negative electrode material.
Ternary Lithium Batteries represent an important direction of current rechargeable lithium-ion batteries. In addition to Ternary Lithium Battery, the current market uses phosphorus lithium iron battery , which is characterized with better safety for the domestic battery market mainstream products.
Ternary Lithium batteries refer to lithium batteries containing transition metal lithium-intercalated oxides containing nickel, cobalt and manganese, which can be expressed as LiMnxNiyCo1-x-yO2 (0 < x < 0.5, 0 < y < 0.5). This material combines the advantages of lithium cobalt oxide, lithium nickel oxide, and lithium manganate, and forms a ternary synergistic effect of three materials, whose comprehensive properties are superior to any single combination compound. Weight energy density can reach 200Wh/kg
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