Hengchuang Ruineng completes Series B financing and invests in Hunan lithium battery material recycling project

Hengchuang Ruineng has completed a round B financing of more than 400 million yuan, and signed an investment contract in Hunan to build a lithium battery material recycling and ternary material precursor production project with an annual output of 10,000 tons. The company has been actively responding to the strategic needs of the country's low-carbon circular development, focusing on the field of lithium battery recycling, and realizing efficient and intelligent recycling, utilization and treatment of lithium batteries.