Recently, Tianqi Chuangli Technology (Shenzhen) Co., Ltd. (hereinafter referred to as "Tianqi Chuangli"), a wholly-owned subsidiary of Tianqi Lithium, signed a cooperation agreement with Beijing Weilan New Energy Technology Co., Ltd. (hereinafter referred to as "Beijing Weilan") to establish a joint venture company whose stock is 51% owned by Tianqi Chuangli. With this company, both sides intend to enhance cooperation in many fields, including pre-lithium anode materials and recycle, lithium metal anode and lithium-based alloy (composite) anode materials, pre-lithium reagents (raw materials) and the R&D, production and sales of pre-lithium manufacturing equipment.

Tianqi Lithium hopes that this joint venture platform, combining the advantages of two sides in resources, manufacturing, technology, R&D and intellectual property rights, could increase the added value of lithium metal products in an application-oriented way, accelerate the further commercialization of semi-solid and solid-state batteries, promote the innovation of lithium battery materials industry, and enhance the company’s core competitiveness. By doing so, we can contribute to the “carbon neutrality and emission peak" goal, facilitate global energy transition, and promote the sustainable development of the industry.

Contributed by: Strategic Development Department

Edited and published by: Board Office