CBL_宁波普勤时代有限公司

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ABOUT CBL

Ningbo Contemporary Brunp Lygend Co., Ltd. (hereinafter referred to as CBL), a newborn company jointly established by Ningbo Brunp Contemporary Amperex Co., Ltd., Ningbo Lygend New Energy Co., Ltd. and Ningbo Meishan Free Trade Port Ruiting Investment Co., Ltd. in October 2020, is dedicated to promoting cooperation in the whole industry chain of electric vehicle batteries, including in-depth cooperation on projects from nickel mines, nickel processing and smelting, to battery materials and battery manufacturing with the total investment value of USD 5.9 billion.

Ningbo Brunp is a holding subsidiary affiliated to Contemporary Amperex Technology Co., Ltd. (CATL), which is a global leader in new energy innovative technologies. With its core technology advantages and sustainable R&D capabilities in key areas of the industry chain, including battery materials, battery system and battery recycling, CATL focuses on R&D, production and sales of power battery and energy storage battery, committed to providing premier solutions and services for new energy applications worldwide. As of the end of 2021, CATL's battery production capacity reached 170.39 GWh. Furthermore, CATL has maintained closer ties with customers in EV battery through in-depth cooperation with global automakers, including Tesla, Hyundai, Ford, Daimler, Great Wall Motor, Li Auto, NIO, etc.

Besides the RKEF ferronickel plant with pyrometallurgical process in China, Ningbo Lygend also operates multiple nickel mining projects, HPAL hydrometallurgical process project and bonded zone industrial park project in Indonesia, with superior technology in RKEF pyrometallurgical process, HPAL hydrometallurgical process and as well as capabilities in construction and operation of bonded zone industrial park. Ningbo Lygend has established in-depth cooperation with well-known precursor and anode companies in the battery industry.

In combination with the advantages of the shareholders, CBL will adhere to the development strategy of "Industrialization, globalization and low carbon". Meanwhile, CBL will make full use of foreign high-quality mining resources and the huge market of the global battery industry under the guidance of the China’s Belt & Road Initiative so as to carry out the construction of overseas factories and supporting services in a commensurate manner with the domestic industrial production and advanced technology and mature management.

During the ten-year strategic planning period until 2030, CBL will be committed to the resource development in the whole industry chain of new energy batteries, mine investment, construction and operation of smelting, battery manufacturing and other related projects. Furthermore, CBL will strive to achieve upstream and downstream integration of the battery industry chain; deliver the desired configuration across the entire production system; carry out lean operation to reduce intermediate process for the decline in the overall cost of the whole industry chain; push forward the total cost optimization in the new energy battery production so as to create a low-carbon environment-friendly electric vehicle battery production integrated system which can assure its economic benefit and commercial availability in the global new energy industry.

CBL’s mining and electric vehicle battery raw material project in Indonesia is located in Halmahera Island, North Maluku Province, Indonesia, covering a total area of about 2,000 ha. The Industrial Park is easily accessible via air and land transport, and also has abundant shoreline resources. When the project construction is completed, the Industrial Park will emerge as an electric vehicle battery resource service provider ranging from the laterite nickel ore, nickel intermediate products and new energy battery raw materials as well as battery recycling.

CBL will be people-oriented and committed to creating a rational mechanism to proactively identify, cultivate and gather professional talents from home and abroad; work with shareholders to cultivate a world-oriented professional team being able to make fast sustainable improvement via technological breakthroughs in a long run.