New Energy Industry Business | XuJi Power/Tianli Lithium Energy Visited Changjiu Logistics Group

Jul 31, 2023,14:21pm EDT

Backgroud Information:

Xuji Power (Stock Code: 000400): is an exceptional company that traces its roots back to 1933. As a subsidiary of Xuji Electric Group, it has risen to become a notable part in China’s electric power equipment industry. Originally based in Xuchang City, Henan Province, China, the company has expanded its operations over time, offering an impressive range of technology, products, and services to support the efficient and sustainable production, transmission, distribution, and utilization of clean energy. The company focuses on five core businesses: extra-high voltage, smart grid, new energy, electric vehicle charging and switching, rail transportation, and industrial intelligence.

Tianli Lithium (stock code 301152): Founded in 2009, Tianli Lithium is a heavyweight in Xinxiang City, Henan Province, China. It is a global business enterprise with lithium battery ternary cathode materials, lithium iron phosphate, lithium battery recycling, and energy storage power supply as its main businesses. It has set up a number of subsidiaries in East China, North China, and Southwest China, forming four production bases. The company is fully committed to the “carbon-neutral” development strategy, focusing on promoting the construction and development of our facilities. We aim to accelerate the development of a modern, comprehensive energy materials-based industrial system and implement a unique business model. Its ultimate goal is to establish a pioneering lithium-ion materials enterprise with distinctive Tianli characteristics!

On 25th July, Mr. Zheng Zhi, Chairman of the Board of Directors of Xuji Power, Mr. Shi Yi, Deputy General Manager of Xuji Power, and Mr. Wang Baichao, Key Account Manager of Xuji Power, visited Changjiu Group to carry out cooperation and exchanges. Bo Shi jiu, Executive Director of Changjiu Logistics (CGL) Group, along with Bai Hua, Executive Vice President, Zhang Yuanlin, President of Changjiu Special Purpose Vehicle, Yan Chao, Vice President of Changjiu Logistics, and Liu Ming, Vice General Manager of the New Energy Division of Changjiu Logistics, extended a warm welcome to the esteemed guests.

The “Optical Storage, Charging, Inspection, and Discharging” project is important for the Changjiu Group’s channel construction. It helps create a closed loop for the group’s new energy business. Mr Bo expressed his warm welcome to all the guests and gave a detailed introduction of CJL Group’s history, corporate culture, and business situation. Building a “leading automotive industry service provider” is the corporate vision of CJL. CJL Group’s business segments actively join green development and upgrade to new energy, in line with China’s “dual-carbon” strategy and the growth of new-energy vehicles. Longevity Group’s various business segments are enthusiastically embracing the green development movement by actively engaging in new energy transformation and upgrades. Notably, they have already achieved significant milestones in power battery secondary utilization and new energy logistics.The “Optical Storage, Charging, Inspection and Discharging” project that is currently being promoted is an important hand of CJL Group in the area of channel construction, which is of great significance to CJL in creating a closed loop of new energy business.

The two sides carried out in-depth exchanges on the development of the new energy industry. Green development, energy saving, and carbon reduction are the inevitable development trends and also the common development pursuit of CJL and Xu Ji Power, and there are a lot of cooperation opportunities between the two sides, so they will continue to push forward, maintain communication, and jointly explore a wise and green road of sustainable development, to achieve win-win co-operation.

On the morning of 26th July, Wang Ruiqing, Chairman of Tianli Lithium Energy, visited Changjiu Logistics (CJL) for cooperation and exchange. Mr Yan Chao, Vice President of CJL, Mr Lu Yuliang, Vice President of CJL, Mr Li Yuanfa, Director of Marketing Department and other relevant leaders and colleagues gave a warm reception.

Mr. Yan warmly welcomed Mr. Wang and his delegation. He proceeded to provide a comprehensive overview of the company’s rich history, vibrant corporate culture, and the successful operations of CJL’s three main businesses: vehicle, international, and new energy. Mr. Yan placed particular emphasis on the exciting development plans for the new energy division. This division would capitalize on its own resources as well as those of the Changjiu Group to expand its presence in the fields of new energy logistics, the innovative utilization of power batteries, and the cutting-edge technologies of photovoltaic charging, checking, and discharging. Moving forward, our company is committed to leveraging both our own industrial resources and the resources of Long-lasting Group. We will persistently focus on advancing new energy logistics, gradually optimizing power battery utilization, and enhancing our expertise in “optical storage, charging, inspection and discharge”. Our unwavering dedication to these areas will position us at the forefront of innovation and ensure our continued success in the future. According to Mr. Lu, the power battery recycling system for new energy vehicles involves gathering, transporting, and recycling the discarded power batteries produced by all relevant entities in the field of new energy vehicles. CJL recognizes the vital role of power battery recycling in the new energy vehicle industry. Therefore, we are dedicated to collaborating closely with automobile manufacturers and industry colleagues. By utilizing our own robust logistics, transportation, and recycling networks, we will actively contribute to fulfilling the extended producer responsibility system. Together, we aim to achieve carbon neutrality as soon as possible.

Mr Wang thanked Mr Yan and Mr Lu for their warm reception and introduced the operation of Tianli Lithium, a national high-tech enterprise specialising in the R&D, production and sales of ternary cathode materials for lithium batteries, and also a closed-loop enterprise in the industry with the whole industry chain of precursor, ternary cathode materials production and R&D, and raw materials recycling.

After in-depth exchanges, both parties agreed that the new energy industry has experienced explosive growth in recent years, and is bound to move towards a refined, high-quality development stage, so it is particularly important to link up the upstream and downstream to form industrial synergy. Both parties will continue to maintain communication and exchange, explore new energy logistics, power battery laddering and recycling and other business combinations, to empower the business development of both parties.