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]