Core Viewpoint - The strategic framework agreement between the company and Tianqi Grand Vision Energy Limited aims to enhance collaboration in lithium-ion battery recycling technology and related areas, creating operational and industrial synergies that will improve resource allocation and overall recycling efficiency [1][2]. Group 1: Core R&D Cooperation - The agreement includes joint development of lithium-ion battery recycling technology, focusing on both battery recycling techniques and downstream processing of black powder [1]. - A joint laboratory or project will be established to address key challenges in the full-process recycling technology, with plans to apply for research funding in Hong Kong and internationally [1]. Group 2: Equity Investment Cooperation - Following a feasibility study, the parties plan to establish a capital cooperation relationship through cross-equity investments, aimed at completing the development of closed-loop battery recycling technology [1]. - The collaboration will enhance battery recycling capabilities in Hong Kong and expand overseas operations, starting with Hong Kong and gradually extending to other regional centers [1]. Group 3: Black Powder Material Cooperation - The company will supply Tianqi Grand with battery black powder materials that meet specified requirements [1]. Group 4: Operational and Industrial Synergies - The board believes that the agreement will create strong operational and industrial synergies, optimizing resource allocation and enhancing overall recycling efficiency [2]. - The collaboration is expected to generate higher value throughout the lithium battery lifecycle, thereby strengthening the competitiveness and profitability of the parties involved in the evolving battery materials industry [2]. Group 5: Sustainability and Market Position - The agreement will deepen the company's involvement in the circular economy and green energy value chain, reinforcing its market position in Hong Kong [2]. - Leveraging each party's technical advantages and industry experience, the agreement is anticipated to support the establishment of a compliant and scalable recycling platform, enhancing the company's environmental, social, and governance performance [2].

Core Viewpoint - The strategic framework agreement between the company and Tianqi Grand Vision Energy Limited aims to enhance collaboration in lithium-ion battery recycling technology and related areas, creating operational and industrial synergies that will improve resource allocation and overall recycling efficiency [1][2]. Group 1: Core R&D Cooperation - The parties will collaborate on core R&D areas, including the joint development of lithium-ion battery recycling technology and downstream processing of black mass, establishing a joint laboratory or project to address key challenges in the recycling process [1]. - The collaboration will also involve applying for research funding in Hong Kong and internationally to support these initiatives [1]. Group 2: Equity Investment Cooperation - Following the completion of investment feasibility studies, the parties plan to establish a capital cooperation relationship through cross-equity investments, aimed at developing closed-loop battery recycling technology and enhancing processing capabilities in Hong Kong [1]. - The collaboration will also focus on expanding overseas battery recycling operations, starting in Hong Kong and gradually extending to other regional centers based on progress [1]. Group 3: Black Mass Material Cooperation - The company will supply Tianqi Grand with battery black mass materials that meet specified requirements, facilitating the recycling process [1]. Group 4: Strategic Benefits - The agreement is expected to create strong operational and industrial synergies, optimizing resource allocation and enhancing overall recycling efficiency, thereby increasing competitiveness and profitability in the evolving battery materials industry [2]. - The collaboration will deepen the company's involvement in the circular economy and green energy value chain, reinforcing its market position in Hong Kong [2]. - By leveraging each party's technological advantages and industry experience, the agreement aims to establish a compliant and scalable recycling platform, enhancing the company's environmental, social, and governance performance, ultimately creating sustainable value for the company and its shareholders [2].

Group 1 - The company, JinJing New Energy, has entered into a strategic framework agreement with Tianqi GrandVision Energy Limited to enhance collaboration in core R&D areas, particularly in lithium-ion battery recycling technology [1][2] - The agreement includes the establishment of a joint laboratory or project to address key challenges in the full-cycle recycling technology and to jointly apply for research funding in Hong Kong and internationally [1] - The partnership aims to create a capital cooperation relationship through cross-equity investment after completing feasibility studies, focusing on developing closed-loop battery recycling technology and enhancing processing capabilities in Hong Kong [1] Group 2 - The board believes that the agreement will generate strong operational and industrial synergies for both parties, optimizing resource allocation and improving overall recycling efficiency [2] - The collaboration is expected to create higher value throughout the lithium battery lifecycle, thereby enhancing competitiveness and profitability in the evolving battery materials industry [2]