Summary by Futu AI
China Carbon Neutral Development Group Co., Ltd. (“China Carbon Neutral”) issued a Voluntary Business Update Notice on March 25, 2024, announcing that its subsidiary Henan Renewal New Energy Renewable Co., Ltd. has successfully disposed of its old waste iron lithium batteries under the banner of China Tower Co., Ltd., with effect from November 2023 Project. The project includes branches such as Wada, Ely, Aksu, Altay, Kramay, Bozhou, Bazhou, Taichung, and Kash. The Board considers that this successful divestiture will result in continued business growth and financial returns for the Group and will contribute to the expansion of other businesses, further enhancing the overall interests of the Group and its shareholders.