GEM(SZ:002340) 智通财经网·2025-09-17 11:43Core Viewpoint - The company GEM has signed a Memorandum of Understanding (MOU) with ASCEND ELEMENTS, INC. to develop a leading lithium battery recycling industry system in Europe, leveraging their respective advantages in various areas [1] Group 1: Partnership and Collaboration - GEM and ASCEND ELEMENTS, INC. aim to combine their strengths in geography, resources, capital, technology, and operational management [1] - The collaboration will focus on establishing a leading lithium battery recycling system in Europe, including dismantling and black powder manufacturing systems, as well as resource recovery and remanufacturing of lithium, nickel, and cobalt [1] Group 2: Industry Development and Goals - The partnership will serve the development of the entire lifecycle value chain of new energy in Europe [1] - Both companies will actively explore possibilities for collaboration in the United States to advance lithium-ion battery recycling and the production of engineered battery materials [1] - The initiative aims to promote the implementation of a global battery passport and support the green development of new energy [1]