GEM(SZ:002340) Mei Ri Jing Ji Xin Wen·2025-11-17 07:18Core Viewpoint - The project for recycling power batteries, a collaboration between Greenme (格林美) and GAC Group's subsidiary, is progressing as planned, with the first phase nearing completion and set to begin operations by the end of the year [1] Group 1: Project Details - The power battery recycling project, named Guangzhou Youmei Recycling Technology Co., Ltd., is located in the Zhuangluotan Town of Baiyun District, Guangzhou [1] - The first phase of the project is designed to have an annual recycling capacity of 20,000 tons of dismantled power batteries and 10,000 tons of battery black powder recycling [1] - The battery crushing workshop has been completed and is already in operation, while the construction and installation of the wet process workshop have also been fully completed [1] Group 2: Timeline and Future Plans - The project was originally scheduled to be completed and put into operation by May 2025 [1] - The company plans to officially launch operations for the wet process workshop by the end of this year [1]