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An announcement from China Carbon Neutral Development Group Limited ( (HK:1372) ) is now available.
China Carbon Neutral Development Group’s wholly owned subsidiary Xunli Technology has entered into a strategic cooperation agreement with Hubei Liming Lithium Service Technology to jointly advance lithium battery recycling and reuse. The partnership combines Xunli’s digitalized online-offline recycling platform, operational capabilities, and supply chain finance expertise with Hubei Liming Lithium’s technical strengths in battery recycling.
Under the agreement, Hubei Liming Lithium will connect its offline recycling resources to Xunli’s “Xunli” platform, with both parties guiding retired batteries through the platform and exploring standardized recycling outlets. They will also co-develop small power battery PACK products for applications such as two-wheeled vehicles and cleaning equipment, integrating resources in cell supply, design, manufacturing, and market channels.
Xunli will collaborate with financial institutions to provide tailored financial services, including equipment leasing, factoring, and inventory financing, to support Hubei Liming Lithium and its partners. The companies will further explore integrated new energy scenarios that link photovoltaic generation, energy storage, charging, and swapping, piloting vehicle-battery separation and battery leasing models via the group’s “Dongfang Yidian” platform in public transport and logistics.
The partners plan to jointly develop overseas markets, with Xunli offering market analysis and compliance consulting and Hubei Liming Lithium exporting recycled materials and second-hand products while building an international recycling network. This comprehensive cooperation creates a closed-loop “recycling-application” business model across recycling, PACK production, finance, energy storage, and international expansion, enhancing operational efficiency and competitiveness.
The collaboration is expected to deepen into areas such as energy storage power plants and carbon asset management, supporting the creation of a green industrial chain covering the entire battery life cycle. For stakeholders, this move strengthens the group’s position in the lithium battery recycling and new energy ecosystem, aligning its operations more closely with carbon-neutral and circular economy trends.
The most recent analyst rating on (HK:1372) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Carbon Neutral Development Group Limited stock, see the HK:1372 Stock Forecast page.
More about China Carbon Neutral Development Group Limited
China Carbon Neutral Development Group Limited operates through subsidiaries including Xunli Technology, focusing on industrial digitalization, online-offline recycling networks, and supply chain finance to support green and low-carbon development. The group targets the new energy and circular economy sectors, emphasizing battery recycling, energy storage applications, and carbon-neutral industrial solutions in China and overseas markets.
Average Trading Volume: 2,106,003
Technical Sentiment Signal: Hold
Current Market Cap: HK$863.9M
For an in-depth examination of 1372 stock, go to TipRanks’ Overview page.