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1.The comprehensive utilization project of Disheng Li lithium-ion battery recycling has started construction

The Dishengli Lithium ion Battery Recycling and Comprehensive Utilization Project is located in Zhuxi New Material Agglomeration Zone, Xinhui District, Jiangmen City. The project is invested and constructed by Guangdong Dishengli Auto Parts Co., Ltd. The initial investment of the project is 600 million yuan, with a land area of 42.67 acres and a total construction area of about 30000 square meters. The initial plan is to process 50000 tons of retired power batteries annually, produce 20000 tons of power battery cascade utilization products and 5000 tons of lithium carbonate annually. The project is expected to be fully operational by the end of next year, with an annual output value of up to 1 billion yuan.

Guangdong Dishengli Auto Parts Co., Ltd. was established in 2001 and is a national high-tech enterprise. It was listed on the Shanghai Stock Exchange in 2017. The comprehensive utilization project of lithium-ion battery recycling is constructed and operated by its controlling subsidiary Guangdong Dishengli New Material Technology Co., Ltd., with Guangdong Weima New Material Technology Co., Ltd. responsible for production technology, market channels, operating funds, talent management, etc. Guangdong Weima is deeply engaged in the field of lithium battery recycling and reuse, with an annual processing capacity of over 60000 tons of waste lithium battery raw materials. It is one of the largest enterprises in Guangdong that produces lithium battery electrode powder through wet smelting technology.

2.Jinqiao Green Aluminum Alloy Project Starts Construction

The green aluminum alloy project of Jinqiao Recycled Aluminum Technology (Jiangmen) Co., Ltd. is located in Dajiang Town, Taishan City. The project covers an area of about 225 acres, with a planned total investment of 1 billion yuan. The project aims to produce 100000 tons of high-quality green circular aluminum alloy round bars annually, and will strive to achieve the non downgrading use of circular aluminum.