China Recycling Resource Signed a Cooperation Agreement with Brunp Recycling

On November 26th, China Recycling Resource Development Group Corporation Limited (hereinafter referred to as " China Recycling Resource") and Guangdong Brunp Recycling Technology Co., Ltd. (hereinafter referred to as "Brunp Recycling") signed a cooperation agreement. Xing Hongwei, Chairman of China Recycling Resource, Chen Mingke and He Hui, Deputy General Managers of China Recycling Resource, as well as Li Changdong, President of Brunp Recycling, Yu Haijun, Vice President of Brunp Recycling, and Liu Zongmiao, Director of the Brunp Investment Center, attended and witnessed the signing ceremony.

According to the agreement, both parties will cooperate in policy research, new energy vehicle and power battery recycling network systems, and other fields, aiming to establish a full lifecycle circular value chain for the recycling and comprehensive utilization of new energy vehicles and power batteries nationwide.

Founded in 1989, China Recycling Resource, relying on the resources and background of the supply and marketing cooperative system, is a leader in the renewable resources industry. With more than 200 invested enterprises, its business covers household appliance dismantling, motor vehicle dismantling and reuse, power battery recycling and utilization, recycled metals, industrial resources, and the integration of urban and rural refuse collection and disposal systems.