Copyright © Zhejiang Huayou Cobalt 

News

The completion Ceremony Leyou New Energy Materials(Wuxi) Co., Ltd.was held.
The

The completion Ceremony Leyou New Energy Materials(Wuxi) Co., Ltd.was held.

2020-09-29

 


 



On September 10, the completion ceremony of Leyou New Energy Material Co., Ltd. was held in Xinwu District, Wuxi city, Jiangmin, vice mayor of Wuxi and Secretary of Xinwu District Party Committee, Chen Xuehua, chairman of Huayou, and Hong-Kyu Park, general manager of Leyou New Energy attended the ceremony and delivered speeches.

 


On behalf of Wuxi Municipal Party Committee and government, vice mayor Jiangmin expressed her warm congratulation on the completion of Leyou New Energy. Jiangmin pointed out in his speech that LG Chem, as the core main force of LG Group, has sized the “commanding heights” in the world of new energy vehicle power batteries and is in the leading position in the field of automotive power batteries globally. Zhejiang Huayou Cobalt is the world’s largest manufacturer of cobalt products, it has strong competitiveness and influence in the manufacturing of lithium new energy materials and deep processing of cobalt new material. Through this combination, Leyou New Energy Material (Wuxi) Co., Ltd. is expected to become the world’s largest new energy automotive power battery cathode material production base. We hope t hat Leyou will seize the opportunity of this completion, seize the development opportunity, strengthen the integration of scientific and technological innovation and industrial upgrading, and usher in greater development and create more brilliant achievements in the new starting point. At the same time, Wuxi Municipal Party Committee and Municipal government will continue to provide quality services for Leyou, work together with peers, forge ahead, to realize the soonest commercial production.

 


Due to the impact of Covid-19, vice chairman and CEO of LG Chem, Shin Hak Cheol was unable to attend the ceremony. He made a special video to congratulate the completion of the project, thank the Wuxi Municipal Party Committee and Wuxi Municipal Government for their strong support in the construction of the project, and pay high tribute to the team for their hard work. For the future development of the joint venture company, vice chairman Xin Xuezhe is full of confidence and expectations first, with the support of advanced manufacturing technology and management level, strengthen the scientific research, strengthen the market leading key technologies to conquer and control, and strive to become the most competitive cathode material production enterprise, second, we should continue to adhere to the business philosophy of customer-orientation and creating value for customers. In the fierce market competition, we should respond quickly to customers’ demands and constantly seize market share. “When all men are of one mind, their sharpness can cut gold.” Shin Hak Cheol said LG Chem will spare no effort to build Leyou into a first-class lithium cathode material manufacturer and market contributions to the economic and social development of Wuxi. 

 


“From the moment Huayou Cobalt cooperated with LG Chem, we were convinced that we would have today’s harvest.” Chairman Chen Xuehua said firmly in his speech that Leyou project is a successful transnational cooperation between Chinese enterprises and Korean enterprises, and a strong cooperation between cobalt industry leader and battery giant. Cooperation and win-win future are the unswerving development philosophy of Huayou. The completion of the project marks the fruitful cooperation between Huayou Cobalt and LG Chem. At the same time, the completion of the project means that Leyou company stands at a new starting point and sets foot on a new journey. On the new journey, I hope Leyou will show its strong competitiveness in the fierce market competition and make outstanding contributions to the new energy material industry. Huayou Cobalt is willing to cooperation with LG Chem in more fields and wider space to realize common growth. Chairman Chen also hopes that the Wuxi Municipal Party Committee, the municipal government and the development zone will continue to care about and support the operation and development of Leyou, and write a new chapter for the pearl of Tai Lake.

 


General manager of Leyou New Energy, Hong-Kyu Park said in his speech, as China’s major national strategy, “Yangtze river delta integration development strategy” settles its core in Wuxi city, this city has a unique geographical advantages and industrial foundation, Leyou New Energy and Wuxi would like to develop together with the city, and to contribute to the beauty and prosperity of the city by our hard working. It took Leyou New Energy one and a half year to complete the construction, during this period, we have gone through difficult times such as the impact of Covid-19, with the strong support of Wuxi Municipal Party Committee, government and high-tech Zone, we have overcome numerous difficulties together and achieve many achievements. Leyou will continue to make efforts to lead the future of global power battery with the best products and make new
Huayou Cooperates with Toyota Motor and Toyota Tsusho In Co-Constructing the Research Project on Cascade Utilization Technology for Retired Electrical Vehicle (EV) Batteries
Huayou

Huayou Cooperates with Toyota Motor and Toyota Tsusho In Co-Constructing the Research Project on Cascade Utilization Technology for Retired Electrical Vehicle (EV) Batteries

2020-08-21
As a new-energy manufacturer of lithium battery materials, Huayou has established multiple channels to recycle "urban mine resources" and a guarantee system that secures the supply of renewable resources while actively fulfilling its corporate social responsibilities. Huayou Recycling and Huayou Power, founded by Huayou in 2017, have been focusing on the cascade utilization and reuse of retired vehicle batteries, and carrying out relevant research, exploration and practice around the "integrated close-loop of new-energy lithium battery industry". 
As of today, Huayou has completed the construction and commissioning of its "dedicated production line for recycling retired traction batteries". In addition, it has also successively initiated the research and application of cascade utilization in various scenarios such as energy storage, integrated storage-charging, reserve power supply and low-speed vehicles, and completed the development and promotion of the integration that covers the preliminary separation of cascade batteries → product R&D, manufacturing and BMS research of core technology→ business market model. 
Toyota Motor Corporation (hereinafter referred to as Toyota), as a global vehicle manufacturer, has been dedicated to building a recycling society, where the dependence on resources can be reduced and global warming can be prevented. Since 2013, Toyota has established a circulation from "vehicle utilization → energy storage for cascade utilization → recycling" in the Ni-MH batteries loaded in its hybrid electric vehicles. As its strategy in the field of electrification and new energy advances, Toyota has also begun an exploration of material recycling and cascade utilization of ternary lithium batteries. 
Toyota Motor Corporation (hereinafter referred to as Toyota), as a global vehicle manufacturer, has been dedicated to building a recycling society, where the dependence on resources can be reduced and global warming can be prevented. Since 2013, Toyota has established a circulation from "vehicle utilization → energy storage for cascade utilization → recycling" in the Ni-MH batteries loaded in its hybrid electric vehicles. As its strategy in the field of electrification and new energy advances, Toyota has also begun an exploration of material recycling and cascade utilization of ternary lithium batteries. 

 




Toyota Motor & Toyota Tsusho & Huayou Project Launch Site
 



 

Pilot project overview 


The cutting-edge technology for cascade utilization, adopted by Huayou in this empirical project, can be applied to the fields of cascade utilization of batteries, such as energy storage, storage-charging integration, solar panel based energy storage and reserve power supply, which is a technology with foreseeable technological prospects and application markets. Apart from exploring the promotion and application of related technologies and business models and providing advanced experience in using EV batteries, it will also stay committed to practicing the notion of responsibility that "harmonizes production and ecology and balances economic benefits and social contributions", adhere to green development, and facilitate the mutual improvement of the enterprise and the society while fulfilling social responsibilities. 
Forge more "generals" in Huayou by shaping, empowering and advancing souls amid challenges!
Forge

Forge more "generals" in Huayou by shaping, empowering and advancing souls amid challenges!

2020-08-21

 


 



On August 2, a special training for leaders of Huayou that focuses on soul-building and empowerment was held at the company's headquarters in Tongxiang. The group company invited a special guest - General Jin Yinan, Major General of the Chinese People's Liberation Army and former director of the Institute for Strategic Studies of the National Defence University of People's Liberation Army, who lectured on “The Generation of Generals-Thinking on Command and Decisive Winning”. Nearly 300 leaders, including Chairman Chen Xuehua, President Chen Hongliang, President Assistant and leaders at higher levels of the group, as well as cadres at the section chief rank and above in Tongxiang District attended the meeting. 

 




"There is no soldier that cannot be defeated, and a rout can be like a landslide. But a general that cannot be defeated is the most intimidating, as there are no weak troops under a capable general." "A competent commander has to be selected before a battle, and the best training must be provided prior to the occurrence of casualties." "A general must arrange, operate and plan for the long-term, and must grasp a bigger picture that others won't see." During the three-hour lecture, General Jin Yinan, who combined his years of military career with an overall perspective, an extensive view, a severe course of logic and detailed cases, raised profound interpretations to the generation of generals, from the points of definition, ability and quality, as well as the education, training and experience for training generals in peaceful times. 
"Behind every greatness is suffering. Corporate generals are also veterans in battle, and cultivated through hardships," explained in simple terms by General Jin Yinan, with a reference to Huawei's glorious and painful history of development and arduous struggle. The case is also true for companies and the "generals" leading them, who can only be resistant, long-lasting and healthier when caring about the overall national interest, embracing patriotism, and living through the scars of wounds. General Jin also quoted that there is only one kind of heroism on earth, which is to still keep loving your life after recognizing the truth of life. The three-hour lecture won the great respect of all the trainees and repeated applause echoed during intervals. At the end, the trainees also exchanged views with General Jin Yinan on relevant hot issues. 

 




In his concluding speech, Chairman Chen Xuehua expressed his welcome and thanks to General Jin Yinan for attending this lecture held by Huayou and energizing the executives of the company. Chairman Chen said that General Jin Yinan provided us with a spectacular and lively lecture, which can be of great significance for our leaders to learn about the direction, brainstorm ideas, and further our work. Leaders must develop a far-reaching understand of the laws of history, development, and competition contained in the lecture, flexibly practice and effectively transform the knowledge learned today into work results, and internalize the gains of training as the passion for work. 
"Leaders are shaped by experience, while generals are created by defeats! Spiritual energy is infinite," said Chairman Chen. Huayou has caught up with the good times for development, and also a golden opportunity period for Huayou's business. Leaders, as the successor of Huayou's business, must act in line with the Huayou Business Guiding Principle, shoulder the company's mission with an iron-like belief, forge ahead, and work hard for a long time towards Huayou's ideal. At the same time, we must utilize this lecture, an opportunity and a start to continuously shape and empower leaders, innovate mechanisms and systems, plan the growth path of leadership, and strengthen competitive selection, thereby cultivating more "generals" who can lead the team to victory! 

 


Aside from the main venue in Tongxiang, three sub-venues of the special training were also set up in Quzhou, Beijing, and Indonesia, and witnessed by nearly 400 Huayou executives via video conferences. 

 




After that, the company organized middle-level and above leaders to study and discuss the lecture by General Jin Yinan before communication of ideas. 

 


“Cultivation, Integration and Efforts” - induction ceremony for undergraduates in 2020 held by the Group
“Cultivation,

“Cultivation, Integration and Efforts” - induction ceremony for undergraduates in 2020 held by the Group

2020-08-21

 


 



 

On August 6, an induction ceremony for undergraduates in 2020 themed by “Cultivation, Integration and Efforts”, was held by Huayou Cobalt at the Huayou industrial park in Quzhou. 

 


 


 



"Graduation marks not only the end of campus life, but also a new start in life. Thanks for trusting and selecting Huayou as your place to soar again," said by Chen Hongliang, President of the group, who expressed his sincere welcome to the 353 undergraduates that are about to work at Huayou Cobalt and delivered the kind regards and high expectation from Chairman Chen Xuehua. President Chen informed them of the outstanding results that the company has achieved since the “13th Five-Year Plan”, the company's significant role in the industry, and the vast potential for future prospects. As mentioned by him, space means growth, and a stage. At Huayou, a stage for the 2020 undergraduates recruited in Huayou Cobalt to progress has been prepared, where you can exhibit talents without limits and realize the value of life.
"The arrival of 2020 undergraduates at Huayou Cobalt, during these critical years amid the transition from the 13th to the 14th Five-Year plan, has injected youthful enthusiasm and fresh blood that can further boost the undertaking of Huayou. Nothing can halt the steps of youth!" To help these university students better fit in, President Chen made three suggestions: I. Lay a solid foundation, and don't boil the ocean; II. Keep up with the times, and never position your life too soon; III. Overcome instead of being overtaken by temporary difficulties. On these students, who are at the critical moment to begin a new life, President Chen has placed a high hope, wishing that they uphold the company's spirit of "ceaseless self-improvement and constant pursuit of excellence, inherit the Huayou spirit, and strive for the undertaking of Huayou; that they never forget or give up on growth, and never stop the pace of progress at all hours; and that they have faith in themselves and the future under whatever circumstances. 
According to President Chen, Huayou values efforts the most! Making efforts may not necessarily yield a good result, but failing to do so would surely result in a bad ending. Everyone must firmly believe that Huayou won't neither let down strivers, nor fail their expectation of Huayou. The growth of the 2020 undergraduates and a wonderful future for all can be expected, and the strength of youngsters, as a booster, will create brilliance together with Huayou! 

 












At the induction ceremony, Yang Feng, President Assistant and General Manager of the center for human resources of the group, addressed a summary report on the induction of the 2020 university students, and together with them, watched a featured video clip about the "Stivers" training camp. Meanwhile, advanced individuals, including "excellent trainees", "excellent class" and "excellent squad leader" with outstanding performance during the ten-day military training, and advanced groups were honored at the ceremony, and the representative of outstanding trainees made an entry speech. 

 


"As one of the Huayou family, I'll unswervingly adhere to the original aspiration and Huayou ideal, follow the business philosophy, practice Huayou culture, strive constantly for self-improvement, pursue excellence, and fight for the great cause that builds Huayou into a century-old brand!" This oath is so sonorous, forceful and earnest that drives people to forge ahead.  At the end, representatives of the Strivers Training Camp trainees lined up to take the oath of appointment, and all attendees stood up to read the Huayou Oath. 

 



The induction ceremony, hosted by Zhou Qifa, Vice President of the group, was attended by more than 400 attendees, including executive assistance and leaders at higher levels of the group, principals from relevant functional units of the home office, directors, leaders at higher levels and principals from the Huayou industrial park in Quzhou, and all the newly hired 2020 undergraduates. 

 


Huayou Cobalt Crowned the Top Ten Innovative Leading Enterprises in Tongxiang City
Huayou

Huayou Cobalt Crowned the Top Ten Innovative Leading Enterprises in Tongxiang City

2020-08-21
On the afternoon of July 31, the Tongxiang Innovative County (City) Construction and Sci-tech Talent Conference themed by "Focus on Tongxiang, Converge in Wuzhen" was held in Wuzhen. Leaders of the party committee, people's congress, the administration and CPPCC of Tongxiang City attended the meeting. At the conference, the group was crowned the Top Ten Innovation Leading Enterprises in Tongxiang City, and Chen Xuehua, Chairman of the group, was present by invitation to receive the award. Gao Jiongxin, Director of Huayou's institute of new-energy lithium battery materials, won the Top Ten Entrepreneurship and Innovative Talent Award. 

 




Chairman Chen Xuehua (5th from left) was invited by the conference and receive the  award

 




Director of Huayou's institute of new-energy lithium battery materials Gao Jiongxin (4th from left) receiving the award  



Innovation powers development, technology heralds the future 
As Chairman Chen Xuehua said at the first session of the technology conference of Huayou Cobalt, it would be impossible to create today's Huayou without technological progress. The growth history of Huayou is a course of pursuing technological progress and being bold in making technological innovations. The inherent spirit of innovation has enabled Huayou to maintain a deep innovation foundation, possess  conspicuous technological capabilities, and blaze a trail of technological progress with Huayou characteristics - from pyrometallurgy to hydrometallurgy, from clean production to green manufacturing, from high-voltage cobalt products to nickelic precursors, where technological leapfrogging, optimized product structure and promoted industrial conversion have been realized, on account of which Huayou is now a global leader in the cobalt industry and will evolve into a global leader in new energy lithium battery materials. 

 


Innovation is the inexhaustible driving force for the company's development, and technological progress is the powerful engine for secondary startup. Taking this winning of the Top Ten Innovation Leading Enterprises as an opportunity, we will root in the "330 Plan" to build a strategically oriented technological innovation system by better positioning ourselves, expanding our advantages, straightening out the relations and grasping our features, and create an atmosphere that embraces innovation, gathers innovative forces and boosts innovative vitality, so that high-quality development will be supported by high technology and unremitting efforts will be made to build the company into a technological, innovative, and leading enterprise! 
 
High-tech Supports Company’s High-quality Development - Huayou Cobalt Held the First Science and Technology Conference
High-tech

High-tech Supports Company’s High-quality Development - Huayou Cobalt Held the First Science and Technology Conference

2020-07-31
On June 30, Huayou Cobalt’s First Science and Technology Conference was held in Tongxiang Headquarters. Chen Xuehua, Chairman of the Group, made an important speech at the conference entitled "Strategy-oriented  Innovation Driven  To Support the Company's High-quality Development by High-tech". Tongxiang municipal party secretary Sheng Yongjun attended the meeting and address.

 


In his speech, Mr. Chen pointed out that today we solemnly held the first science and technology conference at the headquarters of the group. This conference is an important and far-reaching conference held at the critical stage of transformation and upgrading, the second venture, and the important moment when the "330 scientific research plan "was launched. The theme of the meeting is to look back at the past, plan for the future, build a strategy-oriented science and technology innovation system to support the high-quality development of the company with high technology. At the same time taking this meeting as the starting point, marks Huayou’s technological progress, scientific and technological innovation has entered a new stage.
"Innovation is the soul of Huayou's continuous progress and the source of Huayou's continuous development. Huayou's history of growth is a history of pursuing technological progress and daring to innovate. Mr. Chen affectionately said that without technological progress there is no today's Huayou, is the progress of science and technology to achieve today's Huayou. For more than 20 years, Huayou insisted on technological progress and maintained high-tech investment; insisted on strengthening scientific and technological enterprises and strengthening the construction of scientific research system; insisted on innovation-driven, supporting the transformation and development of the company. It is precisely the strategy of innovation-driven development that we have come out of the way of technological progress with the characteristics of Huayou, become the leading enterprise in the global cobalt industry, and are building a global leader in new energy lithium-ion battery materials.

 


Time does not wait for people, space does not wait for people. Mr. Chen said that under the background of accelerating the development of new energy lithium-ion battery, we should speed up the technological progress of the company and improve the innovation ability of the company with a strong sense of urgency and crisis. At the conference, the company launched the "330 scientific research program ", is to create the most core, the most critical, the most sustainable scientific and technological competitiveness, to support and promote the company's high-quality development. The scientific and technological system and R & D forces of the Group should continue to adhere to and deepen the basic idea of "supporting industry, leading the future, opening up cooperation and cooperating with innovation ", and deeply practice that" talent is the key, mechanism is the guarantee and innovation ". It is the basic principle of the system of science and technology information, the value of science and technology innovation, the collectivization of science and technology resources and the headquarters of science and technology management. It adheres to strategic orientation, goal orientation and problem orientation, strengthens the understanding and research of industry essence, science and technology strategy and innovation system, finds the way to achieve the goal, completes the system construction, realizes the five-year goal, and builds the company into a scientific and technological, innovative and leading enterprise.
At the end of his speech, Mr. Chen called on all Huayou people to take today's science and technology conference as the starting point, take the "330 plan "as the starting point, find the right position, expand the advantages, straighten out the relationship and grasp the characteristics, build a strategy-oriented science and technology innovation system, create an innovative atmosphere, pool innovative forces, burst out innovative vitality, build the company into a technology-based, innovative, leading enterprises, support high-quality development with high-tech, and strive to become a global leader in new energy lithium-ion battery materials at an early date!

 


Secretary Sheng Yongjun congratulated Huayou Cobalt on the success of the first science and technology conference. Mr. Sheng pointed out that no matter how the internal and external situation changes, only strong science and technology, strong innovation, strong talent, strong management, strong industry, strong company, can seize the opportunity, always maintain the industry leading. The reason why Huayou can be in 18 years, from a small workshop small business, to develop into a total market value of more than 40 billion yuan of multinational companies, industry leaders, benchmarking enterprises, mainly to give full play to the power of science a
Stabilize Operating Situation Maintain Rising State Strive Untiringly for Realizing the Successful Ending of “13th Five”The Group Held the Mid-2020 Working Session
Stabilize

Stabilize Operating Situation Maintain Rising State Strive Untiringly for Realizing the Successful Ending of “13th Five”The Group Held the Mid-2020 Working Session

2020-07-31
On July 17-18, the Group Mid-2020 Working Session was held in Quzhou. The meeting comprehensively summarized the achievements of the Group in the first half of the year, analyzed the operating environment faced, and defined the target tasks for the second half of the year.

 


At the meeting, Chen Xuehua, Chairman of the Group, made an important speech on the theme of "Standing at a New Height and Stepping on a New Step to Achieve a Key Leap in a Key Year ". Mr. Chen said that the core idea of our mid-year session in Quzhou today is to do a good job in the 13th Five-Year Plan, plan the 14th Five-Year Plan, strive to complete the annual business tasks, and make every effort to achieve the five-year planning goals. Mr. Chen said that in the past six months, in the face of a sudden outbreak of the epidemic, we pay attention to the prevention and control of the epidemic and the production and operations. With the joint efforts of all of us, we have achieved continuous and stable production, enhanced market position, counter-trend growth of benefits, and achieved hard-won outstanding results, which have laid the foundation for us to achieve the annual goal and strengthened our confidence.
Mr. Chen said that this year is a special year hit by the epidemic, is the decisive year of the three major battles, and is the end of the 13th Five-Year Plan. These factors determine that this year is a very critical year for the Company and a significant year in the history of the Company. As long as we can stabilize the good business situation and maintain a good growth situation, we can stand on a new height, step to a new level, and achieve key leaps in key years.
"If you have faith, you can go far. We're standing at the door of our vision, and no one can stop us from entering. After analyzing the industrial environment and management situation, how to do well in the 13th Five-Year Plan and plan the 14th Five-Year Plan, Mr. Chen put forward the requirements for the next stage of work: first, to win the three major battles and the battle of epidemic prevention and control; second, to achieve new breakthroughs in production and marketing in stable operation; and third, to seize the opportunity to expand the 14th Five-Year Plan industrial space. In this key year of fighting epidemic situation and realizing leapfrogging, in the key year of "13th Five-Year Plan "and "14th Five-Year Plan" alternating, all Huayou cadres and employees should strengthen their industry confidence, team confidence, theoretical confidence, and prepare for the arrival of "14th Five-Year Plan ".
"Work of the second half of the year will not only determine the Company's future, but will also redefine the Company's past ." Mr. Chen in the speech finally placed expectations on all Huayou cadres, full of confidence. What to do in the remaining half year is to stabilize the business situation, maintain the growth trend, and achieve the key leap in the key years; it is to stand on a new height, step up to a new level, realize the successful closure of the 13th Five-Year Plan, and present the most meaningful and memorable gift for Huayou's 18-year-old adulthood ceremony.

 


At the meeting, President Chen Hongliang, on behalf of the Group Company, made a Semi-Annual Work Report entitled "Stabilizing the Business situation and Maintaining the Growth Trend in Order to Achieve the Successful Conclusion of the 13th Five-Year Plan ". The report comprehensively reviewed the completion of the work in the first half of the year, deeply analyzed the problems and challenges faced by the Company, and made arrangements and arrangements for the work of the second half of the year.
In view of the current business environment and the task of the situation, the meeting demanded that in the second half of the year, we should resolutely win the three major battles by strictly preventing the epidemic situation and strictly observing the bottom line; seize orders, stabilize production, and make every effort to achieve the annual business objectives; advance the construction of projects in an orderly manner, develop steadily, and maintain a strong momentum of development; continue to increase investment in scientific research, improve the system of science and innovation, and enhance the ability of scientific and technological innovation; consolidate the foundation, reform mechanism, and effectively advance the five key tasks of the key work as the grasp, unify ideas, unified planning, speed up the running towards the goal, grab back the lost time, and continuously advance the Company's high-quality development to a new level.

 


At the same time, the meeting also clarified the guiding ideology of the work of the second half of the year: under the strong leadership of the Chairman of the Board of Directors, we should carry out the spirit of the annual working meeting of the Company, the meeting on safety and environmental protection, the meeting on cadres, the meeting on sci
The Construction of a High-purity Ternary Power-Battery-Grade Nickel Sulfate Project with an Annual Output of 30,000 Tons (Metal) of Quzhou Huayou Cobalt New Materials Co., Ltd.
The

The Construction of a High-purity Ternary Power-Battery-Grade Nickel Sulfate Project with an Annual Output of 30,000 Tons (Metal) of Quzhou Huayou Cobalt New Materials Co., Ltd.

2020-07-27


On July 17, the commencement ceremony was held for the Construction of a High-purity Ternary Power-Battery-Grade Nickel Sulfate Project with an Annual Output of 30,000 Tons (Metal) of Quzhou Huayou Cobalt New Materials Co., Ltd.. Group President Chen Hongliang, Senior Vice President Fang Qixue, Holdings Group President Wang Haitao and other leaders attended and witnessed the commencement ceremony. The commencement ceremony was presided over by Xu Wei, Vice President of the Group.

 




"On the occasion of the Group's Mid-2020 Working Session, in the alternate year between the 13th Five-Year Plan and the 14th Five-Year Plan, it is very significant for us to held the commencement ceremony for the Construction of a High-purity Ternary Power-Battery-Grade Nickel Sulfate Project with an Annual Output of 30,000 Tons (Metal) in Huayou Quzhou Industrial Park. The nickel sulfate project will further enlarge the resource sharing, integration of essential factors and industrial synergy advantages of the industrial park, further optimize the product structure of cobalt, nickel and precursor in the industrial park, further enhance the comprehensive competitiveness of the industrial park's "product leading and cost leading ", and lay a solid industrial foundation for the company to become a global leader in new energy li-ion battery materials. At the same time, Mr. Chen requested that in the construction process of the project, all owner units, design units, construction units and supervision units should cooperate closely, strengthen communication and coordination, strictly build quality, strengthen production safety, achieve civilized construction, and build the project into a model of multi-party cooperation.

 



As representative of the construction unit, Lv Yuntao, President of Jujiang Construction Group, made a statement. He said that in the course of the construction of the project, Jujiang will strictly abide by the guidelines of "ensuring safe production, ensuring the quality of the project and ensuring the progress of the construction period ", strictly abide by various technical regulations and quality management requirements, strive for safe construction, civilized construction, seize the progress of the project, pay close attention to the quality of the project, ensure that all tasks of the project construction are completed on time, quality and quantity, and jointly build the project into a bench-marking project.

 




The Group, Huayou Holdings and the relevant leaders of various industrial groups, project team members and construction units, design units, supervision unit representatives and more than 200 people attended the commencement ceremony. Before the commencement ceremony, the leading cadres who attended the Mid-2020 Working Session of Huayou Cobalt visited Huayou Quzhou Industrial Park under the leadership of President Chen Hongliang.




The High-purity Ternary Power-Battery-Grade Nickel Sulfate Project with an Annual Output of 30,000 Tons (Metal) of Quzhou Huayou Cobalt New Materials Co., Ltd. is a strategic task for Non-ferrous Industrial Group to develop high efficiency and green new smelting technology, leading the cost of cohesion and realizing the key breakthrough of metallurgical technology. The project relies on the industrial cluster of Quzhou industrial agglomeration area and the industrial integration advantage of the small town of lithium-ion circulation, taking nickel-cobalt recycling material and nickel hydroxide as the main raw materials, selecting advanced technology equipment and using the process of pyro-hydro joint metallurgy to produce nickel sulfate products. The project realizes the harmless treatment and resource utilization of cobalt-nickel recycling material, which is the opening of low-cost green manufacturing. The extension technology has the demonstration effect to the promotion of cobalt new material industry resources circulation and the green manufacture, has the milestone significance to the industry.