China Carbon Neutral Development to Launch Battery Recycling Platform

MT Newswires Live

2025/05/19

China Carbon Neutral Development (HKG:1372) subsidiary China Carbon Renewable Energy (Shenzhen) will launch a system that combines battery recycling with financial leasing.

Xunli Network V2.0 will integrate blockchain and DeepSeek's large-scale model that will cover the entire lithium battery recycling industry chain, according to a Sunday filing with the Hong Kong bourse.

The platform will allow for real-time bidding and matchmaking with more than 100,000 businesses, battery manufacturer partnerships, and support for more than 2,000 offline recycling points across China, among others, the filing said.

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