Recently, Jinlun Blue Ocean Co., Ltd. and Shanghai Yonghan material Technology Co., Ltd. signed an investment and strategic cooperation agreement, marking the formal opening of the relationship of investment and strategic cooperation between the two sides. Shanghai Yonghan material Technology Co., Ltd. is a high-tech company specializing in the research, development, production and sales of cobalt-free lithium cathode materials. The company said that investing in Yonghan Technology is in line with the company's development concept of actively studying and exploring new business areas on the basis of expanding and strengthening the existing main business, which will help the company move forward on the road of transformation and upgrading.