Yibang International has won the bid for industrial land in Inner Mongolia and plans to build an efficient production base for amorphous and nanocrystalline new materials Odaily Planet Daily News: Nasdaq listed cryptocurrency mining company Yibang International announced that its subsidiary has won an industrial land in Xinghe County, Ulanqab City, Inner Mongolia Autonomous Region, and plans to build an efficient production base for amorphous and nanocrystalline new materials. It is reported that the project will rely on Inner Mongolia's wind power, photovoltaic resources, and clean energy policies to focus on the research and manufacturing of amorphous and nanocrystalline new materials. The production base will focus on the manufacturing of high magnetic induction and ultra-low loss materials, and the product performance meets the latest transformer energy efficiency standards of the US Department of Energy (DOE). It can be widely used in photovoltaic, energy storage, new energy power conversion equipment, and intelligent data centers.