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Greenmei has completed the dismantling and high-value utilization engineering research center within the designated time frame and officially put it into operation, and has obtained certification from engineering technology centers at or above the provincial level. The Wuxi Airport Economic and Technological Development Zone Management Committee has awarded a special fund of 1 million yuan for industry, academia, and research.

Green Mei stated that the signing of an investment agreement between the two parties is conducive to further promoting the company's expansion of the green recycling scale of power lithium batteries and new energy vehicles based on Wuxi's advantageous geographical location. With Wuxi as the base, the company's recycling technology will fully bloom and bear fruit in the Yangtze River Delta, and a globally competitive green recycling base for power lithium batteries and new energy vehicles will be built in the Yangtze River Delta, Fully meeting the huge demand for green recycling of power lithium batteries and new energy vehicles with the arrival of the scrapping period for new energy vehicles in the Yangtze River Delta.

It is reported that after the completion of this project, Greenland will have the ability to recycle 350000 sets of power lithium batteries annually.

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