Zhongxin New Materials signs strategic cooperation agreement for battery recycling with Green EcoTech Holdings subsidiary

Zhongxin New Materials signs cooperation agreement with Green EcoTech Holdings subsidiary for recycling

Recently, Henan Zhongxin New Materials Co., Ltd. signed a strategic cooperation framework agreement with Green EcoTech Holdings subsidiary - Wuhan Power Battery Recycling Technology Co., Ltd. The agreement aims to jointly build a new energy full lifecycle value chain. According to the agreement, within the three-year cooperation period, Zhongxin New Materials will deliver no less than 10,000 tons of batteries and battery waste to Wuhan Power Battery Company for green recycling, to be used in the production of battery raw materials. Also participating in the signing are Camel Group Resource Recycling Xiangyang Co., Ltd., Anhui Xunying New Energy Group Co., Ltd., Hunan Wuchuang New Energy Technology Co., Ltd., and Meihua New Materials (Hubei) Co., Ltd., among other new energy material recycling enterprises.