On June 6th, Grong Hui announced that its subsidiary, Xunli Technology (Shenzhen) Co., Ltd., officially launched the industrial internet platform Xunliwang PC version () and mini-program version, which is another major move in the group's layout of new energy and renewable resources.

Xunliwang is an online and offline integrated platform focusing on empowering the new energy battery recycling process with digital technologies such as blockchain and artificial intelligence. It is committed to breaking down industry barriers, eliminating information islands, and solving many pain points in the current market such as information asymmetry and lack of transparency in transactions. Through Xunliwang, manufacturers of recycled products such as stepped utilization and reuse can obtain stable raw material supplies at lower prices in a convenient manner on the platform. Xunliwang uses advanced digital technology to update market information in real-time, ensuring the fairness and transparency of transaction prices, greatly reducing transaction costs and market risks.

Since its trial operation two months ago, it has accumulated more than 30,000 tons of special case waste materials related to lithium batteries, such as lithium batteries, waste copper, waste aluminum shells, and established comprehensive recycling capacity of more than 500,000 tons per year, including recycling, disassembly, stepped utilization, and recycling.

In the future, relying on the group's resource advantages and the vibrant development trend of China's new energy industry, we will build a professional, transparent, and secure comprehensive lithium battery trading service platform worth billions of dollars, continuously contribute to the high-quality and sustainable development of the lithium battery industry, and achieve win-win economic, social, and environmental benefits.