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C CARBONNEUTRAL

1.120

+0.0504.67%

Volume:906.00K

Turnover:1.02M

Market Cap:756.00M

PE:-84.95

High:1.200

Open:1.070

Low:1.070

Close:1.070

52wk High:2.020

52wk Low:0.250

Shares:675.00M

HK Float Shares:675.00M

Volume Ratio:0.44

T/O Rate:0.13%

Dividend:- -

Dividend Rate:- -

EPS(LYR):-0.013

ROE:-119.60%

ROA:3.27%

PB:33.66

PE(LYR):-84.95

PS:1.30

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Overview Company News Filings

China Carbon Neutral Development (01372) Releases January 2026 Monthly Return on Movements in Securities

Bulletin Express

China Carbon Neutral Development's Substantial Shareholder Boosts Stake

MT Newswires Live

China Carbon Neutral (1372) Reports Share Purchase by Substantial Shareholder

Bulletin Express

Major Shareholder Sha Tao Increases Stake in C CARBONNEUTRAL (01372) by 600,000 Shares

China Carbon Neutral Development - Substantial Shareholder Purchases 600,000 Shares of Co at HK$1.06 per Share

THOMSON REUTERS

China Carbon Neutral Development Completes HK$48 Million Share Offering

MT Newswires Live

China Carbon Neutral Development Group (1372) Announces Increase in Shareholding by Substantial Shareholder

Bulletin Express

C CARBONNEUTRAL (01372) Sees Major Shareholder Sha Tao Increase Stake by 3.911 Million Shares

China Carbon Neutrality (01372) Completes Issuance of 32 Million Subscription Shares

China Carbon Neutral Development Group Raises HK$48 Million Through New Share Subscription

China Carbon Neutrality (01372) Completes Issuance of HK$57.66 Million Convertible Bonds

China Carbon Neutral Development Group Completes HK$57.7 Million Convertible Bond Issuance

BRIEF-China Carbon Neutral Development To Place 32 Mln Shares At Price Of Hk$1.50 Per Share

Sha Tao Increases Stake in China Carbon Neutral (01372) by 27.299 Million Shares at HK$1.5 Per Share

China Carbon Neutral Development - to Place 32 Mln Shares at Price of HK$1.50 per Share

THOMSON REUTERS

BRIEF-China Carbon Neutral Development Says CCNG Signs Agreement With China Tower, China Renewable Resources

China Carbon Neutrality (01372) Signs Tripartite Agreement with China Tower and China National Resources Recycling to Build Lithium Battery Circular Economy Ecosystem

China Carbon Neutral Development Group Signs Strategic Agreement to Build Lithium Battery Circular Economy

China Carbon Neutral Development - Ccng Signed Tripartite Strategic Agreement With China Tower and China Renewable Resources

THOMSON REUTERS

China Carbon Neutral Development - Parties to Advance Development of Circular Economy Ecosystem for Lithium Batteries, Others

THOMSON REUTERS

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Carbon Neutral Development (01372) Releases January 2026 Monthly Return on Movements in Securities","url":"https://stock-news.laohu8.com/highlight/detail?id=1129994189","media":"Bulletin Express","labels":["dataReport","SGX"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1129994189?lang=en_us&edition=fundamental","pubTime":"2026-02-05 19:02","pubTimestamp":1770289360,"startTime":"0","endTime":"0","summary":"China Carbon Neutral Development Group Limited (stock code: 01372) announced that its authorized share capital remained unchanged at 10,000,000,000 ordinary shares with a par value of HKD 0.01 each,...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport,SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01372"],"gpt_icon":0},{"id":"2608935110","title":"China Carbon Neutral Development's Substantial Shareholder Boosts Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=2608935110","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2608935110?lang=en_us&edition=fundamental","pubTime":"2026-02-04 17:11","pubTimestamp":1770196294,"startTime":"0","endTime":"0","summary":"China Carbon Neutral Development  said substantial shareholder Sha Tao purchased 600,000 shares on the open market at an average price of about HK$1.06 apiece, according to a Wednesday Hong Kong bourse filing.The purchase represents about 0.09% of the company's issued share capital.Following the transaction, Sha's interest increased to nearly 161.1 million shares, or about 23.86% of the total issued share capital, according to the filing.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1148","BK1594","01372","BK1144","BK1600"],"gpt_icon":0},{"id":"1107787967","title":"China Carbon Neutral (1372) Reports Share Purchase by Substantial Shareholder","url":"https://stock-news.laohu8.com/highlight/detail?id=1107787967","media":"Bulletin Express","labels":["shareholding","SGX"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1107787967?lang=en_us&edition=fundamental","pubTime":"2026-02-04 16:56","pubTimestamp":1770195381,"startTime":"0","endTime":"0","summary":"Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited disclaim responsibility for the contents of the announcement referenced here, make no representation as to its...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01372"],"gpt_icon":0},{"id":"1157016250","title":"Major Shareholder Sha Tao Increases Stake in C CARBONNEUTRAL (01372) by 600,000 Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1157016250","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1157016250?lang=en_us&edition=fundamental","pubTime":"2026-02-04 16:42","pubTimestamp":1770194536,"startTime":"0","endTime":"0","summary":"On February 4, 2026, C CARBONNEUTRAL (01372) announced that its major shareholder, Mr. Sha Tao, purchased an aggregate of 600,000 ordinary shares of the company on the open market at an average price...","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1144","BK1594","BK1600","BK1148","01372"],"gpt_icon":0},{"id":"2608356235","title":"China Carbon Neutral Development - Substantial Shareholder Purchases 600,000 Shares of Co at HK$1.06 per Share","url":"https://stock-news.laohu8.com/highlight/detail?id=2608356235","media":"THOMSON REUTERS","labels":["insiderTrades"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2608356235?lang=en_us&edition=fundamental","pubTime":"2026-02-04 16:32","pubTimestamp":1770193941,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260204:nFWN3Z009J:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"insiderTrades","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1144","BK1594","BK1600","01372","BK1148"],"gpt_icon":0},{"id":"2606721431","title":"China Carbon Neutral Development Completes HK$48 Million Share Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2606721431","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2606721431?lang=en_us&edition=fundamental","pubTime":"2026-01-26 19:12","pubTimestamp":1769425942,"startTime":"0","endTime":"0","summary":"China Carbon Neutral Development Group  completed a HK$48 million share offering, according to a Monday Hong Kong bourse filing.The carbon-credit trading company sold 32 million shares at HK$1.50 apiece to raise funds for working capital.The shares represent 4.74% of the firm's issued share capital as enlarged by the sale.Meanwhile, the firm said its substantial shareholder Sha Tao purchased a total of 3.9 million shares of the company from the open market.The shares were bought at an average price of HK$1.20 apiece and represent a total of 0.58% of the firm's issued share capital.The purchase boosted Sha's holdings to 23.77% of the business, the company said.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1148","01372","BK1600","BK1594","BK1144"],"gpt_icon":0},{"id":"1182801104","title":"China Carbon Neutral Development Group (1372) Announces Increase in Shareholding by Substantial Shareholder","url":"https://stock-news.laohu8.com/highlight/detail?id=1182801104","media":"Bulletin Express","labels":["shareholding","SGX"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1182801104?lang=en_us&edition=fundamental","pubTime":"2026-01-26 19:04","pubTimestamp":1769425444,"startTime":"0","endTime":"0","summary":"On 26 January 2026, a substantial shareholder of China Carbon Neutral Development Group (1372), Mr. Sha Tao, acquired 3,911,000 ordinary shares of the company on the open market. The average purchase...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01372"],"gpt_icon":0},{"id":"1133538102","title":"C CARBONNEUTRAL (01372) Sees Major Shareholder Sha Tao Increase Stake by 3.911 Million Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1133538102","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1133538102?lang=en_us&edition=fundamental","pubTime":"2026-01-26 18:38","pubTimestamp":1769423901,"startTime":"0","endTime":"0","summary":"C CARBONNEUTRAL (01372) announced that on January 26, 2026, the company's major shareholder, Mr. Sha Tao, acquired a total of 3.911 million ordinary shares of the company in the open market at an...","market":"other","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1144","BK1600","BK1594","01372","BK1148"],"gpt_icon":0},{"id":"1160646604","title":"China Carbon Neutrality (01372) Completes Issuance of 32 Million Subscription Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1160646604","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1160646604?lang=en_us&edition=fundamental","pubTime":"2026-01-26 18:24","pubTimestamp":1769423056,"startTime":"0","endTime":"0","summary":"China Carbon Neutrality (01372) announced that on January 26, 2026, a total of 32 million subscription shares were fully allotted and issued to the subscribers, raising net proceeds of approximately HK$48 million.","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1144","BK1594","BK1600","01372","BK1148"],"gpt_icon":0},{"id":"2605172238","title":"China Carbon Neutral Development Group Raises HK$48 Million Through New Share Subscription","url":"https://stock-news.laohu8.com/highlight/detail?id=2605172238","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2605172238?lang=en_us&edition=fundamental","pubTime":"2026-01-21 17:02","pubTimestamp":1768986175,"startTime":"0","endTime":"0","summary":"China Carbon Neutral Development Group Ltd. has announced a subscription of new shares under its general mandate, raising gross proceeds of HK$48 million. The company plans to use approximately 85% of the net proceeds, or HK$40.8 million, to enrich general working capital—including salaries, allowances, and operational overheads—while the remaining 15%, or HK$7.2 million, will be allocated for debt repayment. The subscription shares will be issued at a net price of HK$1.50 per share. Completion of the subscription is subject to certain conditions being fulfilled by 23 January 2026. Following the transaction, 96,592,000 shares will remain available for issuance under the general mandate.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ch","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260121:nNDL8sq6QR:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01372","BK1144","BK1148","BK1600","BK1594"],"gpt_icon":0},{"id":"1122003371","title":"China Carbon Neutrality (01372) Completes Issuance of HK$57.66 Million Convertible Bonds","url":"https://stock-news.laohu8.com/highlight/detail?id=1122003371","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1122003371?lang=en_us&edition=fundamental","pubTime":"2026-01-16 20:34","pubTimestamp":1768566885,"startTime":"0","endTime":"0","summary":"The conditions precedent under the subscription agreement have been fulfilled, and the settlement was successfully completed on January 14, 2026. Following the completion of the settlement, the...","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1144","BK4581","01372","BK1594","BK4585","BK1148","BK1600","BK4588"],"gpt_icon":0},{"id":"2603993223","title":"China Carbon Neutral Development Group Completes HK$57.7 Million Convertible Bond Issuance","url":"https://stock-news.laohu8.com/highlight/detail?id=2603993223","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2603993223?lang=en_us&edition=fundamental","pubTime":"2026-01-16 20:27","pubTimestamp":1768566445,"startTime":"0","endTime":"0","summary":"China Carbon Neutral Development Group Ltd. has announced the completion of its issue of convertible bonds under a specific mandate. The company issued convertible bonds with a principal amount of HK$57,659,479.52 to subscribers, following the fulfillment of conditions precedent under the subscription agreements. The closing took place on 14 January 2026. The bonds will be settled over a period of two years. The group is primarily engaged in global carbon neutral business, green finance, and civil engineering works.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Carbon Neutral Development Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong St","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260116:nNDL5YpWDK:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1600","BK1144","BK1148","BK1594","01372"],"gpt_icon":0},{"id":"2601365395","title":"BRIEF-China Carbon Neutral Development To Place 32 Mln Shares At Price Of Hk$1.50 Per Share","url":"https://stock-news.laohu8.com/highlight/detail?id=2601365395","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2601365395?lang=en_us&edition=fundamental","pubTime":"2026-01-08 23:26","pubTimestamp":1767885978,"startTime":"0","endTime":"0","summary":"BRIEF-China Carbon Neutral Development To Place 32 Mln Shares At Price Of Hk$1.50 Per ShareJan 8 (Reuters) - China Carbon Neutral Development Group Ltd 1372.HK:TO PLACE 32 MILLION SHARES AT PRICE OF HK$1.50 PER SHAREFurther company coverage: 1372.HK ((Reuters.Briefs@thomsonreuters.com;))","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260108:nFWN3Y90MJ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1594","01372","BK1600","BK1144","BK1148"],"gpt_icon":0},{"id":"1131888986","title":"Sha Tao Increases Stake in China Carbon Neutral (01372) by 27.299 Million Shares at HK$1.5 Per Share","url":"https://stock-news.laohu8.com/highlight/detail?id=1131888986","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1131888986?lang=en_us&edition=fundamental","pubTime":"2026-01-08 19:21","pubTimestamp":1767871309,"startTime":"0","endTime":"0","summary":"According to the latest data from the Hong Kong Stock Exchange, on January 6, Sha Tao increased his stake in China Carbon Neutral (01372) by 27.299 million shares at a price of HK$1.5 per share,...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01372","BK1148","BK1144","BK1594","BK1600"],"gpt_icon":0},{"id":"2601634603","title":"China Carbon Neutral Development - 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China Carbon Neutral Development Group Ltd 1372.HK:CCNG SIGNED TRIPARTITE STRATEGIC AGREEMENT WITH CHINA TOWER AND CHINA RENEWABLE RESOURCESPARTIES TO ADVANCE DEVELOPMENT OF CIRCULAR ECONOMY ECOSYSTEM FOR LITHIUM BATTERIES, OTHERSFurther company coverage: 1372.HK ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260107:nFWN3Y80BO:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1144","BK1148","01372","BK1600","BK1594"],"gpt_icon":0},{"id":"1174729255","title":"China Carbon Neutrality (01372) Signs Tripartite Agreement with China Tower and China National Resources Recycling to Build Lithium Battery Circular Economy Ecosystem","url":"https://stock-news.laohu8.com/highlight/detail?id=1174729255","media":"Stock News","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1174729255?lang=en_us&edition=fundamental","pubTime":"2026-01-07 17:10","pubTimestamp":1767777039,"startTime":"0","endTime":"0","summary":"China Carbon Neutrality Group (01372) announced that the Group recently entered into a strategic cooperation agreement with China Tower Co., Ltd. (\"China Tower\") and China National Resources...","market":"fut","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1529","BK1133","BK1589","BK1583","IE00BG0RBZ43.SGD","01372","IE00BHRH8D16.HKD","00788","BK1506","LU0823413587.USD","BK1521","BK1594","BK1144","IE00BHRH8C09.USD","BK1148","LU0823413660.USD","BK1600"],"gpt_icon":0},{"id":"2601875640","title":"China Carbon Neutral Development Group Signs Strategic Agreement to Build Lithium Battery Circular Economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2601875640","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2601875640?lang=en_us&edition=fundamental","pubTime":"2026-01-07 17:00","pubTimestamp":1767776439,"startTime":"0","endTime":"0","summary":"China Carbon Neutral Development Group Ltd. announced that it has entered into a Strategic Cooperation Agreement with China Tower Corporation Limited and China Renewable Resources Development Group Co., Ltd. The agreement aims to jointly develop a circular economy ecosystem for lithium batteries. The parties intend to leverage their respective strengths in resources, technology, and market reach to promote carbon neutrality, enhance lithium battery recycling, and reduce carbon emissions throughout the battery industry lifecycle. The cooperation also aims to address fragmentation and traceability issues in battery recycling and explore new business models such as battery swapping services and battery banks.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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