格林美股份有限公司

Group 1 - GEM has signed a Memorandum of Understanding (MOU) with ASCEND ELEMENTS to explore collaboration in the European battery recycling and materials market [1][3] - The MOU aims to leverage both companies' strengths in geography, resources, capital, technology, and operational management to establish a leading lithium battery recycling industry system in Europe [3][7] - The collaboration will include the construction of a battery recycling system, disassembly and black powder manufacturing system, and resource recovery and remanufacturing of lithium, nickel, and cobalt materials [3][8] Group 2 - ASCEND ELEMENTS, established in March 2017, specializes in lithium-ion battery recycling and has a strong market position in Europe and the U.S. [5][6] - The MOU outlines specific goals, including exploring capital and equity cooperation, developing battery recycling facilities in Europe, and sharing best practices in production and operations [8][9] - The agreement does not require board or shareholder approval and does not constitute a related party transaction or a major asset restructuring [3][17] Group 3 - The partnership is expected to enhance GEM's competitive position in the global lithium battery recycling market, aligning with its strategy for global expansion [17][18] - The MOU is not expected to have a significant impact on GEM's financial status or operational results for the current year, but it is anticipated to positively influence future business development [3][18] - The collaboration aligns with the global trend towards sustainable energy and the circular economy, supporting the implementation of global battery passports and green development [3][17]