On August 30th, Hai Chuang Circulation and the People's Government of Youxian County, Hunan Yuan Da Cement Co., Ltd. signed the "Investment Agreement for the Recycling of New Energy Materials Resources in Zhuzhou City" and the "Cooperation Agreement for the Recycling of New Energy Materials Resources in Zhuzhou City" at the Development Center of Youxian County. The plan is to build a 15,000-ton/year CKB project in Zhuzhou to help the development of Hunan's waste lithium battery recycling industry.

The project is planned in two phases, covering an area of 46.25 mu, of which the first phase covers an area of 20.9 mu, and is planned to process 5,000 tons of waste lithium batteries per year. In the first half of the year, the group signed three lithium battery recycling and comprehensive utilization projects in Shijiazhuang, Hebei, Zaozhuang, Shandong and Tongchuan, Shaanxi, with a total disposal scale of about 135,000 tons/year.

Hunan Zhuzhou New Energy Materials Resource Recycling Utilization Project is the first landing point in the south after Hai Chuang Circulation has landed lithium battery recycling projects in provinces such as Anhui, Henan, Shandong, Hebei, Shaanxi, etc.