A joint venture will be formed in Ningde era to hold hands with GLP.

Published: Sep 27, 2020 08:18

SMM News: a few days ago, we learned from the official that Ningde Times and GLP signed a strategic cooperation agreement, the two sides will rely on their leading advantages in their respective industries to form an asset management joint venture. Among them, GLP is mainly involved in the field of investment management and business innovation.

According to the agreement, the joint venture company will combine the leading advantages of both sides and vigorously promote the application of new energy through the service of green energy assets. At the same time, relying on the technological leadership and industrial chain integration capabilities of the Ningde era, as well as GLP's global layout and strong asset management capabilities, the two sides have innovated in the application of new energy for industrial and commercial scenarios to create facilitation facilities, products and services.

On this basis, the two sides joined forces with GLP Ecological Enterprises to deeply explore the application of the combination of electric and intelligent scenarios, and jointly devote themselves to the new logistics and commercial layout of electric self-driving transportation.

The joint venture company holds, manages and operates batteries and energy storage systems in Ningde era, and will, through the service of green energy assets, reduce the threshold for logistics, transportation and other related enterprises to use new energy on a large scale, and promote new energy to a wider range of applications.

Under the framework of the joint venture, the two sides will devote themselves to carrying out a series of cooperation, relying on the leading technological advantages and industrial chain integration capabilities of the Ningde era, as well as GLP's global layout and strong asset management capabilities, and jointly create new green electric intelligent supply chain hub facilities, driverless trunk lines, urban distribution networks and vehicle equipment. Further promote the green, intelligent and intensive development of logistics warehousing and transportation and distribution.

Editor's comments:

As a "Fengyun enterprise" in the battery field, Ningde era moves frequently. This time, Ningde era chose to carry out strategic cooperation with GLP, and the two will devote themselves to promoting new energy sources on a large scale in the future, including services, facilities, products and electric driverless transportation, which are worthy of consumers' expectation.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Contract For 3,000 Tons Of Lithium Carbonate Terminated
16 hours ago
Contract For 3,000 Tons Of Lithium Carbonate Terminated
Read More
Contract For 3,000 Tons Of Lithium Carbonate Terminated
Contract For 3,000 Tons Of Lithium Carbonate Terminated
On March 16, 2026, Xi'an Lanshen New Material Technology Co., Ltd. announced the formal termination of the "Sales Contract for a 3,000 Tons/Year Battery-Grade Lithium Carbonate Extraction Plant" signed with HANACOLLA S.A. from Argentina. The core reason for this contract termination was a change in the overall project planning. Given that the "Sales Contract" was still within its validity period and partially fulfilled, the two parties reached an agreement after friendly negotiations. According to the signed "Termination Agreement," the original sales contract will be terminated from the date of the agreement's signing.
16 hours ago
CATL Jinchui Battery Base Nearing Delivery
16 hours ago
CATL Jinchui Battery Base Nearing Delivery
Read More
CATL Jinchui Battery Base Nearing Delivery
CATL Jinchui Battery Base Nearing Delivery
Recently, the CATL New Energy Battery Base Project (Jinchui Phase I) located in Badu Town, Jiaocheng District, Ningde City, Fujian Province, is scheduled to complete delivery by the end of April 2026. Jinchui Phase I involves a total investment of approximately 2 billion yuan, covering about 900 mu of land. It plans to construct approximately 370,000 square meters of new energy battery intelligent manufacturing standard factories and supporting auxiliary facilities. Upon completion, it will become an important production base for CATL in Jiaocheng District. CATL disclosed that its production capacity reached 772 GWh in 2025, with 321 GWh under construction.
16 hours ago
Shengquan Group Achieves Key Breakthrough in Sodium-ion Battery Material Industrialization
16 hours ago
Shengquan Group Achieves Key Breakthrough in Sodium-ion Battery Material Industrialization
Read More
Shengquan Group Achieves Key Breakthrough in Sodium-ion Battery Material Industrialization
Shengquan Group Achieves Key Breakthrough in Sodium-ion Battery Material Industrialization
On March 17, Shengquan Group (605589.SH) disclosed on the investor interaction platform that the company had completed construction of a 10 kt sodium-ion battery hard carbon anode production line. Products developed based on the dual technology routes of biomass refining and resin have successfully entered the supply chains of leading battery cell enterprises and can be adapted to multiple application scenarios including energy storage and 3C. The industrialisation layout of sodium-ion battery materials has achieved a key breakthrough.
16 hours ago
A joint venture will be formed in Ningde era to hold hands with GLP. - Shanghai Metals Market (SMM)