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On the one hand, recycling companies are expanding production in clusters, allowing the recycling output to exceed the recycling and scrapping volume of power lithium batteries in a short period of time. On the other hand, some unqualified companies, after recycling waste batteries, compete at high prices and do not treat them according to standards, which not only disrupts the small-scale recycling market, but also buries great environmental and safety risks.

Currently, the power lithium battery recycling market is facing challenges such as incomplete recycling channels, inconsistent battery technology standards, incomplete recycling technology, and uncertain profit models. How to explore a safe, stable, and economically valuable growth system has become a challenge for recycling companies.

It is understood that Ganzhou Haopeng was established in 2010, mainly engaged in the recycling and cascade utilization of waste new energy vehicle power lithium batteries, as well as the harmless treatment and resource recycling of waste batteries. It is one of the earliest national high-tech companies engaged in the recycling and processing of waste secondary batteries in China.

Thanks to years of cultivation in the recycling market, deep accumulation of technology, and support from industrial chain capital, Ganzhou Haopeng's growth is entering a fast track.

In July 2018, Ganzhou Haopeng was selected as one of the first five companies to meet the "Industry Standard Conditions for Comprehensive Utilization of Waste Power Batteries for New Energy Vehicles" announced by the Ministry of Industry and Information Technology, and is also the leading company in the pilot work of recycling and utilization of power batteries for new energy vehicles in Jiangxi Province.

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