Core Viewpoint - The strategic cooperation agreement between Tianqi Co., Ltd. and EVE Energy aims to establish a comprehensive closed-loop system for lithium battery manufacturing, application, reverse recycling, and regeneration, enhancing the resilience of the industry chain and promoting sustainable development [1][4]. Group 1: Strategic Cooperation Framework - Both companies will integrate their resources and information channels across the entire lithium battery recycling industry chain, establishing an efficient and stable information-sharing mechanism to enhance market insight and decision-making efficiency [2]. - The collaboration will focus on building a global recycling network, leveraging Tianqi's existing overseas recycling resources to facilitate compliant recycling and disposal of used lithium batteries in international markets [2][4]. Group 2: Innovation and Pricing Mechanism - The companies will explore and establish an innovative pricing mechanism for key recycled materials, aiming to reflect the green low-carbon value of recycled materials and align with global carbon neutrality policies [3]. - Tianqi Co., Ltd. commits to prioritizing the procurement of EVE Energy's new A-grade batteries for its products, ensuring a stable long-term procurement cooperation mechanism [3]. Group 3: Market Position and Future Outlook - The partnership underscores the market recognition and unique competitiveness of Tianqi's lithium battery recycling business, enhancing the certainty of product marketability through EVE Energy's extensive downstream application network [5]. - With the opening of overseas markets for black powder imports, Tianqi plans to upgrade its capacity for ternary recycling to meet the growing demand for recycled materials from downstream customers [5].

Core Viewpoint - The strategic cooperation agreement between Tianqi Co., Ltd. and Yiwei Lithium Energy aims to establish a comprehensive closed-loop system for lithium battery manufacturing, application, reverse recycling, and regeneration, enhancing the resilience of the industry chain and promoting sustainable development [2][5]. Group 1: Strategic Cooperation Framework - Both companies will integrate their resources and information channels across the entire lithium battery recycling industry chain, establishing an efficient and stable information-sharing mechanism to enhance market insight and decision-making efficiency [3]. - The collaboration will focus on building a global recycling network, leveraging Tianqi's existing overseas recycling resources to facilitate compliant recycling and disposal of used lithium batteries in international markets [4]. Group 2: Market and Product Development - Tianqi Co., Ltd. commits to prioritizing the procurement of new A-grade batteries produced by Yiwei Lithium Energy for its core power solutions, establishing a long-term stable procurement cooperation mechanism [5]. - The partnership aims to create a differentiated pricing mechanism for recycled materials, reflecting the green low-carbon value of the lithium battery recycling industry and aligning with global carbon neutrality policies [4][5]. Group 3: Competitive Advantage and Market Position - The cooperation highlights the market recognition and unique competitiveness of Tianqi's lithium battery recycling business, enhancing the certainty of product demand through Yiwei's extensive downstream application network [6]. - With the anticipated increase in demand for recycled materials, Tianqi plans to upgrade its capacity for ternary lithium battery recycling to meet the high demand from downstream customers [6].

Core Viewpoint - The strategic cooperation agreement between Tianqi Co., Ltd. and Huizhou EVE Energy Co., Ltd. aims to establish a comprehensive closed-loop system for lithium battery manufacturing, application, reverse recycling, and regeneration, promoting sustainable development in the lithium battery industry [1] Group 1: Strategic Cooperation - The agreement focuses on building a green value chain for lithium batteries throughout their lifecycle, enhancing supply chain resilience and leading the industry's sustainable development [1] - The collaboration is based on a shared vision for low-carbon and sustainable development in the global lithium battery industry, emphasizing resource sharing, technological collaboration, and market interaction [1] Group 2: Market and Global Strategy - Both companies plan to create a global reverse supply chain system for lithium batteries, utilizing a differentiated pricing mechanism for recycled materials to enhance market recognition of their green value [1] - The company is actively implementing a global lithium battery recycling strategy, with established recycling networks and crushing capacities in regions such as Japan, South Korea, Southeast Asia, and Europe, expecting a significant increase in the proportion of overseas recycled battery waste by the second half of 2025 [1] Group 3: Regulatory Context - The cooperation is positioned favorably within the context of the EU's new battery regulation and the domestic policy of allowing the import of regenerated black powder from lithium batteries, which will enhance the company's long-term market share in the global lithium recycling sector [1]