Hong Kong's inaugural facility for processing power batteries was officially opened on July 17. In his speech at the opening ceremony, Hong Kong Special Administrative Region Chief Executive John Lee Ka-chiu stated that this launch signifies a crucial step forward for Hong Kong in the recycling of electric vehicle batteries and resource regeneration, injecting fresh momentum into the development of the green economy.
John Lee noted that the national "15th Five-Year Plan" explicitly outlines the need to accelerate the comprehensive green transformation of economic and social development, using the goals of carbon peaking and carbon neutrality as guiding forces to enhance the momentum for green development. The SAR government is diligently formulating Hong Kong's first five-year plan, actively integrating into and serving the national development strategy. Hong Kong is aligning with the national "dual carbon" goals, actively promoting resource recycling and sustainable development.
He mentioned that in last year's Policy Address, he proposed promoting the establishment of Hong Kong's first large-scale electric vehicle battery recycling facility at the EcoPark. The successful opening of the facility today is a result of the combination of a "proactive government" and an "efficient market." It not only helps Hong Kong expand its green industries and improve the renewable resource system but also creates job opportunities and enhances overall economic vitality.
He introduced that this battery processing facility utilizes patented technology, integrating automation and artificial intelligence solutions to transform retired batteries into high-value critical metal materials. These materials are then reintroduced into the new battery production chain and other applications, achieving a closed-loop for resources and embodying the concept of sustainable recycling of renewable materials. Locally produced renewable materials will be supplied to both mainland and overseas markets, positioning them to become a vital link in the regional supply chain.
Last year, the environmental protection departments of the Guangdong and Hong Kong governments jointly established a special working group for building a "Waste-Free Greater Bay Area," focusing on deepening the linkage and cooperation between environmental protection and industry. The mainland possesses advanced recycling technologies and large-scale industrial experience, while Hong Kong offers an internationalized market environment and a mature environmental management system. Hong Kong will continue to leverage its unique advantages under the "one country, two systems" framework—being backed by the motherland while connecting with the world—and work hand-in-hand with mainland cities to jointly promote the development of a regional circular economy.
John Lee also expressed hope that the industry will continue to collaborate with the government to promote cooperation across the upstream and downstream segments of the industrial chain, advance scientific research and innovation, cultivate professional talent, and jointly build an efficient and robust renewable resource system, transforming environmental protection concepts into developmental momentum.