Longpan Lithium Resources Layouts Lithium-ion Battery Recycling Business
Longpan Technology announced on March 6th that the company plans to acquire 100% equity of Shandong Meiduo Technology Co., Ltd. for 101 million yuan, and will increase its capital by 50 million yuan after the completion of the acquisition. Shandong Meiduo's main business is the recycling and secondary utilization of waste power batteries for new energy vehicles.
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