General Energies and Tengyuan Cobalt have reached a deep cooperation aiming to promote the sustainable development of new energy ships and marine power batteries. Both companies will jointly explore recycling and reuse solutions for marine power battery waste, in line with national carbon footprint tracking policies. In addition, the cooperation covers multiple areas such as the development of electrical ships and manufacturing of E-Powerbox. This agreement marks a significant step in their joint commitment to environmental protection and sustainable development, promising innovative solutions for the industry.