On January 18, 2023, Li Guanding, Vice Mayor of Ningbo City, Zhejiang Province, and his delegation visited Huayou Headquarters for investigation and guidance. Chen Xuehua, Chairman of Huayou Group, warmly received them.

Li Guanding, Vice Mayor of Ningbo City, Zhejiang Province, highly affirmed and congratulated the achievements that Huayou Cobalt has achieved in the past 20 years. As a global leading new energy li-ion battery material enterprise, Huayou has entered a new era of high-quality development after 20 years' development. Especially since last year, Huayou has entered a rapid development stage. At the same time, as an important national strategic city, Ningbo City is a significant original place of China's modern financial industry, with a good business environment and a broad development space. Zhoushan Port is the only major port in the world with an annual cargo throughput of more than 1.2 billion tons, and the third largest port in the world with an annual container throughput of more than 30 million TEUs, which can further improve the efficiency of Huayou's overseas resources docking and is important for reducing costs.

Chairman Chen Xuehua warmly welcomed Li Guanding, Vice Mayor of Ningbo City and his delegation to Huayou to give guidance. Ningbo boasts a unique port advantage, and its manufacturing industry chain covers a comprehensive range. In recent years, Huayou has formed the development direction of "developing resources overseas, making products domestically, and providing services for all customers worldwide" by sticking to the path of "controlling the resources upstream, developing the markets downstream, enhancing the capability from within". Huayou has actively practiced the national policy of "the Belt and Road Initiative", built a new platform for cooperation between the two sides, opened up new space for economic growth, and truly practiced the principle of extensive consultation, joint contribution, and shared benefits. Over the years, Huayou's overseas resources have been imported into domestic factories through ports, and then gone global. Therefore, the future cooperation between the two sides shows great potential. Meanwhile, Huayou has taken the initiative to implement the national low-carbon development strategy and adhere to the use of clean energy, taking the lead in building a "zero carbon" factory in the industry. Its subsidiaries have successively been rated as the world's first "zero carbon" cathode materials factory, "zero carbon" resource recycling factory, and "zero carbon" power battery cascade utilization factory, fully responding to the national "dual carbon" strategy, promoting the green development of the industrial chain, enhancing Huayou's market competitiveness, and opening a better future for the new energy li-on battery industry!

Before the symposium, the two sides visited the Exhibition Hall to understand the organizational structure, development history, business distribution, product application, industrial distribution, future planning and other aspects of Huayou.

Ye Xiubei, Deputy Secretary-General of Ningbo Municipal Government and Director of Ningbo Municipal Investment Promotion Administration, Chen Lizhen, Deputy Director of Ningbo Municipal Bureau of Commerce, and Huang Yanpin, Deputy Director of Ningbo Maritime Administration, accompanied the investigation. Hu Yanhui, Vice President of Huayou Group, Zhang Shengguan, Assistant President of Huayou Group, Wang Jianfang, Deputy General Manager of Huayou Treasury Center, and others attended the symposium.