Core Viewpoint - The rapid development of the new energy vehicle industry has led to an increasing demand for power batteries, highlighting the importance of green recycling and processing of retired vehicles and batteries [2] Group 1: Strategic Cooperation - The company, through its subsidiary Wuhan Power Battery Recycling Technology Co., Ltd., has signed a strategic cooperation framework agreement with Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd. to establish a comprehensive partnership in the field of new energy vehicle and power battery recycling [2] - The collaboration aims to create a closed-loop industrial chain encompassing the entire lifecycle value chain of new energy vehicles and power batteries, including recycling, maintenance, material regeneration, and battery remanufacturing [2] Group 2: Industry Impact - The partnership is expected to promote the development of a green low-carbon industry, enhance global market competitiveness, and achieve a synergy between economic and environmental benefits [2]

Core Viewpoint - The rapid development of the new energy vehicle (NEV) industry is driving an increase in demand for power batteries, leading to heightened attention on the green recycling and processing of retired NEVs and their batteries [1] Group 1: Strategic Partnership - Greeenmei Co., Ltd. has signed a strategic cooperation framework agreement with Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd. to establish a comprehensive strategic partnership in the field of recycling and utilization of new energy vehicles and power batteries [1] - The partnership aims to create a closed-loop industrial chain that includes the recycling of new energy vehicles, power batteries, raw material regeneration, and battery material regeneration, thereby promoting the development of a green low-carbon industry [1] Group 2: Lifecycle Value Chain - The collaboration will focus on building a full lifecycle value chain system for the recycling and utilization of new energy vehicles and power batteries, including after-market maintenance and material recycling [1] - The goal is to enhance global market competitiveness while achieving both economic and environmental benefits [1]