Guanghua Technology (002741.SZ) announced that the company signed a "Strategic Cooperation Agreement" with Olympic New Energy Automotive Technology Co., Ltd. on December 27th, 2021. In order to strengthen cooperation in battery banking, power battery cascade utilization and material recycling, and promote business development between the two sides, the two sides have conducted friendly consultations based on the principles of equality and mutual benefit, resource sharing and complementary advantages. Sign the agreement on forming a comprehensive strategic cooperative relationship and carrying out multi-faceted cooperation.
Cooperation content:
1. Technical level
In the areas of battery health testing, battery safety management and battery echelon energy storage, the two sides will maintain close communication and cooperation in technology and data.
2. Business level
Adhering to the concept of battery life cycle utilization, the two sides will strive to achieve battery life cycle value mining, including but not limited to battery leasing, echelon energy storage, scrap recycling and so on.
3. Investment level
As sponsors, the two sides will jointly invest in the establishment of a platform company for the full life cycle utilization of batteries. The company has an initial registered capital of 1 billion yuan, which is proposed to be jointly set up by both parties and other strategic investment institutions such as government funds and industrial chain funds, and the specific matters will be separately signed by the two sides.
It is reported that Aodong New Energy Automobile Technology Co., Ltd., founded in 2016, is a technology-driven, the world's leading intelligent energy Internet platform company, to "let electric vehicles get rid of charging troubles." let the battery share the maximum value "as the corporate mission, committed to become the world's leading technology, the strongest network, the best service provider of new energy supply service.