On July 2, Jiecheng New Energy and Chery Resources, a subsidiary of Chery Holdings Group, reached a strategic cooperation. Mr. Zheng Weipeng, Chairman of Jiecheng New Energy, Mr. Ding Baodong, Deputy General Manager, Mr. Zhang Qiuhui, Deputy General Manager, Mr. Wen Songying, Executive Vice President of Ruiyuan International, Mr. Wang Zhibin, Deputy General Manager of Chery Resources, Mr. Cao Chen, Director of Operation and Development Department of Ruiyuan International, and so on, attended the signing ceremony and witnessed the signing of the contract between the two sides.

(Mr. Ding Baidong, Deputy General Manager of Jiecheng New Energy, and Mr. Wang Zhibin, Deputy General Manager of Chery Resources, signed the agreement on behalf of both parties)

Chery Resources undertakes the mission of extending the producer responsibility of Chery Holding Group and devotes itself to the circular development of the power storage battery industry chain of new energy vehicles. As an important part of the circular economy of Chery's green new energy industry, it helps Chery Holding Group to bring a greener, smarter and better traveling experience for global users, and contributes to the high-quality development of China's new energy automobile industry.

According to the agreement, the two sides will focus on the construction of the retired power battery recycling system, green development of the circular economy, joint technological innovation and other key areas in line with the principle of "resource sharing, complementary advantages, mutual benefit and win-win, common development", to carry out a full range of cooperation and build a mutually beneficial, synergistic development of a new type of strategic partnership. The two sides will play in their respective fields of technical advantages, scale advantages, strong hand in hand, with a larger pattern, a higher station, and jointly promote the Chery new energy decommissioned power battery reasonable disposal, and seek green low-carbon development, explore new opportunities for the development of circular economy.

Wen Songying, Executive Vice President of Ryan International, said that in the field of decommissioned power battery recycling, Jiecheng New Energy has rich experience and advanced technology, and is a very suitable strategic partner for Chery Resources. We will work together on the construction of regional network system and technological innovation of retired power battery recycling to ensure green and efficient reuse of resources. In the future, we will jointly build a mutually beneficial and win-win cooperation model, and make greater contributions to realizing the popularization of clean energy and environmental protection.

Zheng Weipeng, chairman of Jiecheng New Energy, said that Chery Resources and Jiecheng New Energy have a common goal and common social responsibility, and we expect the two sides to work together in the construction of recycling network, technology research and development, and transformation of scientific and technological achievements, to join hands in the creation of a joint venture, sharing of resources, in-depth linkage and integration, and to contribute to the healthy development of the new energy industry with the power of joint wisdom.

The two sides take this signing as a starting point to continuously expand the depth and breadth of strategic cooperation, take scientific and technological innovation as the core competitiveness, utilize the advantages of the two sides in their respective fields, build a healthy and good industrial chain low-carbon ecosphere, and contribute more power to China's new energy vehicle strategy and dual-carbon goals!