China Carbon Neutral Development Group Expands Lithium Battery Recycling, Carbon Coin Trading and Ecological Governance Businesses

Reuters
03/06
China Carbon Neutral Development Group Expands Lithium Battery Recycling, Carbon Coin Trading and Ecological Governance Businesses

China Carbon Neutral Development Group Ltd. said it is expanding operations across renewable resources, digital carbon assets and ecological governance. In renewable resources, it reported partnerships with China Tower, China Recycling Resources and Eve Energy to build a lithium-battery recycling system integrating Xunli.com and blockchain traceability, and said the developing network framework targets 9 comprehensive processing bases, 80 central warehouses and 5,000 recycling outlets across regions including Hubei, Hunan, Henan, Jiangxi, Guangdong and Zhejiang. The company projected annual recycling volume of waste batteries and black powder of up to 50,000 tons, monthly trading volume of up to 800,000 units with battery cell manufacturers, monthly capital scale exceeding RMB30 million and an expected annual capital scale of RMB500 million, and said it provides about 20,000 sets of power battery leasing services for the transportation industry while deploying county-level energy-storage micro-grids. In its digital green carbon asset business, the company said it is engaging with international carbon credit certification mechanisms on aligning its Carbon Coins with international standards and enabling cross-regional mutual recognition, and reported completing multiple transactions at prices of US$30 to US$40 per ton. In ecological governance, it said it is advancing saline-alkali land treatment projects in Xinjiang, Jiangsu and Henan and promoting integrated water and river-basin governance work including water supply, sewage treatment, reclaimed water utilization and sludge disposal in locations including Guizhou, Changsha and Ukraine.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Carbon Neutral Development Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260306-12043571), on March 06, 2026, and is solely responsible for the information contained therein.

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