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].