On the morning of 30th August, Song Wei, General Manager of New Energy Division of Sinochem International, and his three-member delegation visited Changjiu Logistics for cooperation and exchange. Yan Chao, the President of Changjiu Logistics, along with other leaders and colleagues, cordially welcomed the guests.

Mr. Yan graciously welcomed the guests and provided them with a comprehensive introduction to the rich history, esteemed corporate culture, and thriving business of Everlasting Logistics. Amidst the “double carbon” strategy and the rapid growth of new energy vehicles in China, our company established a new energy division last year. This strategic move was followed by the acquisition of Guangdong Didu(Depower) this year, which not only strengthens our presence in the new energy sector but also augments our production capacity for ladder utilization. Changjiu Logistics’ corporate vision is to build a “leading automotive industry service provider”, the layout of the new energy business is still focused on the upstream and downstream industrial chain of new energy vehicles, which is an extension of the original business, and at present, the company has already made business breakthroughs in the power battery laddering utilisation, new energy logistics, etc., and the company is now in the process of developing the new energy business, which is the first time for the company to make a breakthrough in the new energy business. At present, the company has made business breakthroughs in the areas of power battery ladder utilization and new energy logistics, and the project of “optical storage, charging, inspection and discharging”, as an important channel, is also advancing orderly.

Mr. Song and his team gave a brief description of the organisational structure of Sinochem and focused on Sinochem International’s new energy in detail. Sinochem International, whose real controller is Sinochem Group, is committed to building a world-class innovative fine chemical enterprise by cultivating new growth momentum through technological innovation, mechanism innovation and model innovation. Sinochem International (Holdings) Limited is a large state-owned listed company with core competitiveness in the fields of intermediates and new materials, polymer additives and natural rubber. Focusing on the strategic mission of “green mobility and green energy solution provider”, Sinochem International New Energy has rapidly entered the new energy business with power battery as the core, and has completed the formation of the business platform through rapid mergers and acquisitions to achieve the entry into the industry and the simultaneous layout of R&D from a high starting point. The two parties engaged in extensive discussions, emphasizing battery products and projects related to industrial and commercial energy storage. They explored potential cooperation opportunities in areas such as “optical storage, charging, checking, and discharging.” Both businesses identified numerous possibilities for collaboration and expressed their commitment to further promote and maintain communication in order to achieve a mutually beneficial partnership.