Core Viewpoint - Green Technology (301322) has signed a strategic cooperation framework agreement with Greeenmei's subsidiary, Power Regeneration, to establish a comprehensive partnership in the field of new energy vehicles and battery recycling, aiming to create a closed-loop industrial chain and promote green low-carbon industry development [1][2]. Group 1: Company Overview - Green Technology primarily engages in the research, production, and sales of site electric vehicles, including golf carts, sightseeing cars, electric patrol vehicles, electric trucks, and cleaning equipment, with a focus on export business to over 100 countries and regions [1]. - In the first half of 2025, the company reported operating revenue of 374 million yuan, a year-on-year decrease of 12.30%, and a net profit attributable to shareholders of 46.2 million yuan, down 46.50% year-on-year [1]. Group 2: Strategic Cooperation Details - The cooperation will focus on electric sightseeing cars, golf carts, cleaning vehicles, and lithium battery projects, with Green Technology prioritizing the procurement of lithium battery systems from Power Regeneration for its vehicles [2]. - Both companies will jointly invest to establish an asset-holding company focused on the operation and leasing of sightseeing vehicles, utilizing innovative business models to enhance market performance [2]. - Green Technology is obligated to sell its vehicles and batteries to Power Regeneration for compliant disposal, while Power Regeneration will provide competitive residual value recovery services for the vehicles and battery systems [2]. Group 3: Impact of the Agreement - The signing of the framework agreement is expected to strengthen the market expansion of Green Technology without affecting its business independence or significantly impacting its financial status and operating results for the current year [2].