Summary by Moomoo AI
China Carbon Neutral Development Group Co., Ltd. (“China Carbon Neutral”) recently announced the successful completion of the triple waste scrap lithium battery recycling project of its subsidiary Henan Renewable Energy Renewal Co., Ltd. The Board of Directors said that this merger not only reflects China's carbon-neutral status as a listed partner of the BYD Group, but also lays the foundation for continued cooperation and business expansion with BYD in the future, which is expected to result in continued business growth and financial returns for the Group. This announcement was made on 9 April 2024 by Mr. Sato, Chairman and Executive Director of the Company.