Promote the recycling and utilization of lithium batteries! Two major central enterprises jointly listed on the Hong Kong stock exchange.
iconAug 25, 2025 12:02
Source:SMM
[SMM New Energy News Flash] China Carbon Neutral Development Group, China Recycling Development Group, and China Tower held a high-level meeting to discuss building a lithium battery circular economy ecosystem. The three parties aim to strengthen cooperation in retired battery recycling, second-life applications, and resource utilization to support China’s “dual carbon” goals. China Tower, with over 2.2 million base stations and strong experience in second-life battery applications, emphasized its commitment to green and low-carbon development. China Recycling highlighted its nationwide resource recovery network, while China Carbon Neutral showcased its blockchain-powered “Xunli Net” platform, integrating transaction, data, and finance to enable traceable and high-quality battery lifecycle management. Together, the parties plan to form a closed-loop industrial chain of “recycling–reuse–reapplication,” create demonstration benchmarks for the lithium circular economy, and expand China’s low-carbon solutions globally.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news