Jintai Energy Holdings (02728) reached a business cooperation framework agreement with Blue Valley

Zhitongcaijing · 09/27 14:33

Zhitong Finance App News, Jintai Energy Holdings (02728) announced that on September 16, 2024, the company reached a business cooperation framework agreement with Blue Valley Smart (Beijing) Energy Technology Co., Ltd. (Blue Valley). According to the agreement, the two parties agreed to use their respective advantages and competitive advantages to cooperate in business in the following areas:

1. New energy vehicle and battery service platforms; 2. Installation, connection and establishment of vehicle charging stations; 3. Testing, maintenance, recycling, replacement and hierarchical utilization of batteries; and 4. Innovative new energy projects, such as wireless charging, robot charging, smart charging, virtual power plants, battery banks, etc.

The two sides will further discuss and coordinate potential future joint ventures, and sign detailed agreements on specific deals when any deal is realized.

Blue Valley is a national high-tech enterprise established in China in 2016, a “specialized, special and new small giant enterprise” in Beijing and the national level. It was jointly formed by powerful shareholders such as Beijing New Energy Vehicle Co., Ltd. and Ningde Times New Energy Technology Co., Ltd. to engage in smart rechargeable batteries and battery cascade utilization.

The directors believe that the company's business cooperation with Blue Valley can combine their respective technology, experience, expertise and resources to develop the new energy business.