July 28 – Wuhan Power Battery Recycling Technology Co., Ltd. and Shenglong New Energy (Xiangyang) Co., Ltd. formally signed a strategic cooperation agreement. The two parties will focus on areas such as integrated energy stations for electric heavy-duty trucks, global new energy equipment, and battery recycling to carry out in-depth collaboration. By leveraging their complementary strengths, they aim to drive the efficient integration of the new energy industry chain and support the implementation of China’s "Dual Carbon" strategy as well as industrial upgrading.

Complementary Strengths: Addressing Pain Points in the New Energy Industry Chain Collaboration

As a key player in the power battery recycling sector, Wuhan Power Battery Recycling has accumulated extensive experience in battery recycling technology R&D, end-of-life resource utilization, and full-life-cycle management. Its established battery maintenance and guaranteed recycling system provides critical support for the "closed-loop operation" of new energy equipment.

Shenglong New Energy (Xiangyang) Co., Ltd., on the other hand, has deep expertise in the new energy equipment field. It holds distinct advantages in the R&D and manufacturing of electric heavy-duty trucks and PV-storage-charging equipment, along with a significant presence in domestic and international markets—particularly in scenarios such as airports, ports, and public transportation—boasting rich end-user scenario resources and equipment deployment experience.

This collaboration is built on the natural synergy between the two companies in "front-end equipment + back-end services" and "domestic market + global expansion". Wuhan Power Battery Recycling’s capabilities in recycling and maintenance can address the shortcomings in back-end management during new energy equipment operation, while Shenglong New Energy’s scenario resources and equipment strengths provide a broad application landscape for battery recycling technology—forming a full-chain closed loop from equipment R&D to scenario application and recycling & regeneration.

Three Key Cooperation Areas: Building a Full-Scenario New Energy Service Ecosystem

According to the agreement, the two parties will jointly advance cooperation in three major areas to create a new energy service network covering both domestic and international markets:

1. Construction of Integrated Energy Stations for Electric Heavy-Duty Trucks

Focusing on the energy replenishment needs of electric heavy-duty trucks, the partners will jointly develop compatible integrated energy stations. Wuhan Power Battery Recycling will be responsible for guaranteed recycling, maintenance, and asset management of batteries at the back end, achieving an integrated model of "energy replenishment – operation – recycling" and addressing key challenges such as range anxiety and battery life management in electric heavy-duty truck operations.

2. Joint Expansion in Overseas Markets

Targeting scenarios such as overseas airports, ports, and public transport, the two parties will jointly promote the deployment of PV-storage-charging equipment, mobile power sources, and new energy vehicles, complemented by battery recycling and resource regeneration services. This initiative supports the "Go Global" strategy for China's new energy technologies and equipment and helps capture market share in the overseas green infrastructure sector.

3. Deepening Presence in the Domestic Market

In sectors such as public transportation, engineering machinery, and specialized vehicles, the companies will integrate equipment supply with full-life-cycle battery management services. Through unified maintenance and recycling systems, they will help reduce operational costs for end-users and promote the large-scale application of new energy equipment in China.

Long-Term Mechanism Guarantee: Full-Chain Advancement from Strategy to Implementation

To ensure the efficient implementation of cooperation, both parties have clarified three major cooperation mechanisms:

Establish a regular high-level meeting system to coordinate strategic planning and the resolution of major issues, ensuring that the cooperation direction aligns with industrial trends.

Set up a joint working group consisting of backbone personnel from technology, marketing, and production departments. This group will be responsible for the docking and implementation of specific projects, accelerating the transformation of cooperation from "agreement" to "implementation."

Improve the information sharing and confidentiality mechanism. While ensuring data transparency, it will strictly protect the commercial secrets and technical information of both parties.

Industry Significance: Paving a New Path for New Energy Industry Chain Integration

This collaboration directly addresses pain points in the new energy industry, such as the disconnect between front-end equipment and back-end recycling and the fragmentation of domestic and international market resources. By establishing full-chain synergy across equipment R&D – scenario application – recycling & regeneration, it will not only reduce overall operational costs across the industry but also drive technological innovation and resource recycling—injecting new momentum into the high-quality development of the new energy sector.