AVIC Lithium signed a strategic cooperation agreement with China Merchants Bank to complete 12 billion equity financing.

On September 6, AVIC Lithium and China Merchants Bank signed a general strategic cooperation agreement in Guangzhou, which is another important milestone in the upgrading of strategic cooperation between the two sides following the successful signing of AVIC Lithium A8 project syndicate. Li Delin, vice president of China Merchants Bank, Yang Fade, president of Guangzhou Branch, representatives of the project team, Liu Jingyu, chairman of AVIC Lithium, and team representatives attended the meeting.

First of all, the two sides reviewed the development process and achievements of AVIC Lithium Power and China Merchants Bank.

Subsequently, the two sides conducted in-depth discussions and exchanges on industry development opportunities, technological routes, upstream and downstream resource cooperation, and strategic policies under the global competition pattern.

President Li Delin and President Yang Fade expressed their appreciation and admiration for Chairman Liu Jingyu's pattern and entrepreneurial spirit, and highly recognized AVIC Lithium's background, team, technical strength, and rapid development achievements. They congratulated AVIC Lithium on the recent completion of RMB 12 billion equity financing, and further enhanced their awareness of AVIC Lithium's new energy track, upstream and downstream cooperation of supply chain, and industry competition pattern. It also said that China Merchants Bank and AVIC Lithium Power are highly compatible in terms of innovative genes and values, and will make every effort to provide all-round financial services for AVIC Lithium Power. Xu Chuanbin, general manager of the strategic customer department of China Merchants Bank, pointed out that in recent years, AVIC Lithium Power has grown rapidly on the new energy track, not only from the vigorous development of the power battery industry, but also from the embodiment of the core competitiveness of its products. Superb product force, extreme innovation and efficient execution are the important drivers of "AVIC Lithium Speed". For new momentum customers such as CNAC Lithium Power, which has a long track and large growth space, China Merchants Bank will provide diversified financial support with the highest quality resources, the fastest response and the most professional service plan to accompany outstanding enterprises to grow and grow. Draw a beautiful blueprint together.

Chairman Liu Jingyu specially reviewed and shared the connotations of AVIC Lithium Culture and Talent Strategy, Product and Technology leadership Strategy, quality Strategy, Brand Strategy and values, as well as strategic thinking and determination of strategic choice, market choice, customer selection and product selection. Under the great background of the national double carbon goal and the national strategy of new energy vehicles, AVIC Lithium, as the company with the most sustainable development, will courageously undertake the mission of the times and continue to be bigger, stronger and better. Have the responsibility and ability to contribute to the construction of a symbiotic and win-win industrial ecology and to the realization of the national strategic goal! The signing of the general strategic cooperation agreement between China Merchants Bank and AVIC Lithium is not only a witness to the sincere cooperation between the two sides, but also the opening of a new chapter in further cooperation. Under the background of the great development of the new energy industry in the future, AVIC Lithium Power has the confidence to work together with China Merchants Bank to strive for a better life and common well-being of mankind.

Subsequently, under the joint witness of leaders and guests on the spot, Dai Ying, deputy general manager of AVIC Lithium Power, and Yang Fade, president of China Merchants Bank Guangzhou Branch, signed a strategic cooperation agreement on behalf of both sides.

According to the agreement, China Merchants Bank regards AVIC Lithium as a strategic cooperative customer at the head level, and gives priority to providing the most efficient, convenient and preferential all-round financial services according to AVIC Lithium's strategic development plan. The signing of the general strategic agreement marks that AVIC Lithium Power and China Merchants Bank will carry out closer and in-depth cooperation, join hands to embrace the future, embrace beauty, and jointly achieve the national double carbon goal. to make the greatest contribution to the healthy and sustainable development of China and the global new energy industry!