As a leading company of power battery materials, GEM has the leading technology advantage, capacity advantage and market advantage in power battery material manufacturing, forming a complete industrial chain from waste battery recycling to key battery power material manufacturing. Bangpu Cycle is one of the leading manufacturers of ternary power battery materials in China in the early stage. It has more than ten years of ternary material manufacturing technology and industrial experience and is a core supplier for battery companies at home and abroad.
The two parties signed a cooperation agreement this time to launch comprehensive strategic cooperation and large-scale supply of ternary power battery materials nickel-cobalt-manganese hydroxide precursor materials to further increase the company's domestic market share of high-end new energy vehicles and automotive power battery materials , Greatly improving the company's ternary power battery materials profitability and core competitiveness.