China Carbonneutral (01372) announced that its subsidiary Xunli Technology (Shenzhen) Co., Ltd. has officially launched the industrial internet platform Xunli Network PC version (https://xunli.shop) and Mini Program version, which is another important move for the group to lay out new energy and renewable resources.
Xunli Network is an online and offline integrated platform dedicated to empowering new energy battery recycling with digital technologies such as blockchain and Artificial Intelligence. It is committed to breaking down industry barriers, eliminating information islands, and solving many pain points on the current market such as information asymmetry and transaction opacity. Through Xunli Network, manufacturers of cascade utilization and recycling can easily obtain stable raw material supply at lower prices on the platform. Xunli Network uses advanced digital technology to update market information in real time, ensuring the fairness and transparency of transaction prices, greatly reducing transaction costs and market risks.
Since trial operation for two months, Xunli Network has released more than 30,000 tons of specialized cases of lithium battery-related waste materials such as lithium batteries, waste copper, and waste aluminum shells, and has established comprehensive recycling loop processing capacity including recycling, disassembly, cascade utilization, and regeneration of more than 500,000 tons per year.
In the future, relying on the group's resource advantages and the vibrant development trend of China's new energy industry, we will build a professional, transparent, and secure comprehensive lithium battery trading service platform worth billions of dollars, continuously contribute to the high-quality and sustainable development of the lithium battery industry, and achieve win-win economic, social, and environmental benefits.