Xinwanda has reached a cooperation with Zhongwei Co., Ltd., which is mainly engaged in the research, development, production and sales of lithium new energy materials.

CTOnews.com November 6 news, recently, Xinwanda and Zhongwei New Materials Co., Ltd. (hereinafter referred to as "Zhongwei New Materials Co., Ltd.") signed the "Strategic Cooperation Framework Agreement", the two sides agreed to carry out comprehensive cooperation around the new energy materials industry chain worldwide, including overseas resources development cooperation, product procurement and processing cooperation, product R & D cooperation and so on.

CTOnews.com learned that the agreement states that the two sides will give full play to their advantages in resources, capital, technology and channels to jointly respond to positive changes in the global new energy industry.

Zhongwei Co., Ltd. is mainly engaged in the research, development, production and sales of lithium power new energy materials, is a leading enterprise in the global lithium power precursor materials industry, is a national high-tech enterprise, and has reached cooperation with many enterprises at home and abroad. the core products are among the supply chains of many of the world's top 500 enterprises.

In the field of power battery business, Xinwanda achieved 2.933 billion yuan in revenue in 2021, an increase of 584.67% over the same period last year. In terms of product development, Xinwanda power battery products focus on square aluminum shell cells, covering BEV, HEV, 48V and other application markets.