Jinjing Xinneng announced today that it has signed a battery recycling cooperation agreement with Huayou Green Energy Technology Netherlands B.V., a subsidiary of Huayou Cobalt, marking another important step forward for the company in the field of battery recycling. According to the cooperation agreement, Jinjing Xinneng will provide one-stop battery collection and disposal services for terminal customers at 31 existing service points in Europe. As part of the partnership, Huayou Green Energy will dispose of these collected types of batteries in compliance with the EU's latest battery regulations at its localized disposal facility in Europe. This cooperation is a continuation of the memorandum of understanding signed between Jinjing Xinneng and Huayou Circulation in September 2024. It aims to further optimize the battery recycling business and develop innovative cooperation models to create efficient and effective battery material recycling and green logistics solutions globally and locally. Through this cooperation, Jinjing Xinneng will not only help promote the sustainable development of the battery industry, but also greatly help its own development. On the one hand, it will be able to use Huayou's advanced technology and experience in the field of battery recycling to improve its technical level and service capabilities. On the other hand, this will effectively expand the company's business scope and market share, enable it to better enter the European market, expand its global business map, and inject new impetus into the company's long-term development.

Jinjing Xinneng announced today that it has signed a battery recycling cooperation agreement with Huayou Green Energy Technology Netherlands B.V., a subsidiary of Huayou Cobalt, marking another important step forward for the company in the field of battery recycling. According to the cooperation agreement, Jinjing Xinneng will provide one-stop battery collection and disposal services for terminal customers at 31 existing service points in Europe. As part of the partnership, Huayou Green Energy will dispose of these collected types of batteries in compliance with the EU's latest battery regulations at its localized disposal facility in Europe. This cooperation is a continuation of the Memorandum of Understanding signed between Jinjing Xinneng and Huayou Circulation in September 2024. It aims to further optimize the battery recycling business and develop innovative cooperation models to create efficient and effective battery material recycling and green logistics solutions globally and locally. Through this cooperation, Jinjing Xinneng will not only help promote the sustainable development of the battery industry, but also greatly help its own development. On the one hand, it will be able to use Huayou's advanced technology and experience in the field of battery recycling to improve its technical level and service capabilities. On the other hand, this will effectively expand the company's business scope and market share, enable it to better enter the European market, expand its global business map, and inject new impetus into the company's long-term development.