·Zhengtai Electric Co., Ltd.

Recently, the board of directors of Zhejiang Zhengtai Electric Co., Ltd. announced that it will sign a strategic cooperation agreement with China Shipbuilding Industry Corporation. After that, it will cooperate extensively in the field of new materials and power batteries, and will focus on technology development, sales of new materials and power batteries, and production and operation of lithium battery cathode materials (lithium iron phosphate). It is reported that the cooperation agreement mentions the content of the graphene industry chain, and Xinchi Energy, a subsidiary of Zhengtai Electric Appliance Co., has many years of technology and experience in the application of new graphene materials, and in-depth discussions with the Chinese power technology team in the early stage. Cooperation with research and technology development and industrialization of China Power is in full compliance with the strategic direction of the company's graphene technology in the energy field.
The following are the main contents of the framework cooperation agreement:
On May 10, 2016, Shanghai Xinchi New Energy Technology Co., Ltd. ("Xinchi Energy"), a subsidiary of the company, signed a strategic cooperation agreement with China Shipbuilding Industry Corporation ("China Power"). In the field of production and research, we develop high-level, wide-area and all-round new materials R&D and industrialization cooperation in the field of new energy materials—graphene technology and energy storage batteries.
Based on the technological advantages of Xinchi Energy and China Power in their respective fields, the two sides will carry out technology research and development and industrialization cooperation in the fields of advanced electrode materials and technologies, power energy technologies and high energy storage batteries. Xinchi Energy and China Power will actively participate in the promotion of new materials such as graphene, and provide advantageous resources to support the transformation of scientific and technological achievements, industrialization application systems such as research and development, trial production, production and sales. The cooperation methods of the two parties include, but are not limited to, joint venture cooperation, participation in the establishment of new materials research and development, pilot test, and production organization.

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