Envision Greenwise to collaborate with Jinko on global recycling

Envision Greenwise Holdings Limited (HKEX: 1783) has announced a voluntary business update regarding a memorandum of understanding (MOU) with Zhejiang Jinko Energy Storage Co., Ltd. The MOU outlines a strategic cooperation focusing on green energy businesses, particularly the global recycling market. The collaboration aims to establish a comprehensive recycling network, with Envision Greenwise opening recycling points globally for joint utilization with Jinko. This aims to facilitate resource sharing and maximize operational efficiency and global recycling impact. Additionally, the companies will explore cooperative opportunities in specific strategic markets to achieve global partnership. The Board believes the MOU will optimize battery recycling, create efficient and effective material recycling and green logistics solutions, strengthening Envision Greenwise's position in new energy businesses.