Zhejiang Future Xinneng Battery Technology Group Co., Ltd. received a ticket from Jiaxing Human Resources and Social Security Bureau for "failing to allocate labor costs to the special account for migrant workers'wages in full and on time as agreed". The content of the
administrative penalty decision shows that on December 15, 2025, Xinneng Battery Technology Group implemented the construction unit of 3GWh lithium iron phosphate energy storage battery and module production base in Jiaxing Economic and Technological Development Zone, Zhejiang Province. For the act of
failing to allocate the labor costs in the project funds to the special account for migrant workers'wages in full and on time as agreed, the penalty organ shall impose a fine of RMB 50000 yuan on the party concerned.
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