Core Viewpoint - The company, Dingsheng Technology, has signed an investment cooperation agreement to establish a joint venture focused on the green recycling of used lithium-ion batteries in Pizhou, Jiangsu Province [1] Group 1: Joint Venture Details - The joint venture will be named Beikang Resource Technology (Jiangsu) Co., Ltd. and will focus on the green recycling of used lithium-ion power batteries [1] - The registered capital of the joint venture is set at 788 million yuan, with Dingsheng Technology contributing 78.8 million yuan, representing a 10% equity stake in the joint venture [1]

Core Viewpoint - The company has signed an investment cooperation agreement to establish a joint venture focused on the recycling of used lithium-ion batteries, indicating a strategic move towards sustainable practices in the battery industry [1] Company Summary - The company will invest 78.8 million RMB in the joint venture, acquiring a 10% stake [1] - The registered capital of the joint venture is set at 788 million RMB [1] Project Details - The joint venture will develop a "green recycling project" for used lithium-ion batteries in Pizhou, Jiangsu Province [1] - The project will be constructed in two phases, with the first phase including: - Battery pack dismantling and crushing capacity of 10,000 tons per year - Processing capacity for ternary black powder of 32,000 tons per year - Treatment capacity for waste catalysts of 1,500 tons per year - Production of ternary precursors at 11,000 tons per year - Production of lithium carbonate at 5,460.5 tons per year [1]

Group 1: Company Listings and Filings - Five companies submitted listing counseling reports for approval in the domestic market from September 15 to September 21 [2] - Benyuan Quantum Computing Technology (Hefei) Co., Ltd. focuses on quantum computing and has received a total of 9 rounds of financing since 2017, with a valuation of 7.1 billion [3][4] - Beijing Weina Star Technology Co., Ltd. specializes in satellite manufacturing and has successfully launched 27 satellites, with a valuation of 1 billion [5][6] - Shenzhen Car Cool Technology Co., Ltd. is a multifunctional automotive emergency power supply provider and has completed 5 rounds of financing since 2021 [7][9] - Qingdao Haishenlin Hair Products Group Co., Ltd. focuses on high-end wig production and has completed 4 rounds of financing since 2021 [10][11] - Zhejiang Weibang Sports Technology Group Co., Ltd. specializes in outdoor sports products and has submitted a listing counseling report [12] Group 2: Industry Trends - The commercial aerospace sector is experiencing a listing boom, with several unicorn companies entering the counseling or application stages for public offerings [7] - Three companies passed the counseling acceptance from September 11 to September 21, indicating a positive trend in the market [15][16] - Five companies had their listing counseling terminated during the same period, reflecting the dynamic nature of the market [22] Group 3: Company Profiles and Financing - Anshi Biotechnology Co., Ltd. focuses on targeted cancer drug development and has completed 4 rounds of financing since 2021 [16][17] - Guangdong Zhongsu New Materials Co., Ltd. specializes in modified engineering plastics and has undergone 2 rounds of financing in 2022 [18][19] - Zhuzhou Times Huaxin New Materials Technology Co., Ltd. is involved in the research and production of polymer materials and has completed 6 rounds of financing since 2019 [20][21]

Core Viewpoint - The company is establishing itself as a leader in the waste lithium battery recycling industry through innovative technology and increased production capacity [1][2][3]. Group 1: Company Operations - The company has two production lines operating at full capacity, with a quarterly revenue exceeding 50 million yuan and an expected annual revenue of 200 million yuan [1]. - The company plans to complete a lithium battery recycling project by 2024, capable of processing 10,000 tons of various lithium batteries and 20,000 tons of electrode sheets annually, making it one of the largest physical dismantling production lines in the country [1]. - The company is expanding its production capacity with a 50,000-ton project already installed and in testing, alongside a 150,000-ton lithium battery recycling project that will increase annual processing capacity to 200,000 tons and generate 5 billion yuan in annual revenue [3]. Group 2: Technological Innovation - The company has developed an automated dismantling line for electric vehicle battery packs and power tool battery modules, utilizing a nitrogen protection system for low-temperature crushing without prior discharge [2]. - The company has filed for 6 invention patents and 16 utility model patents, with plans to add 5 more invention patents this year, focusing on converting technological advantages into product advantages [2]. - The company's nitrogen protection crushing system addresses safety production challenges in the industry, achieving a product recovery rate of over 98% with its advanced sorting system [2].