Chairman Chen Xuehua extended his warm welcome to the delegation and expressed his gratitude to LG Chem for the great support to Huayou in the course of its business development. Chairman Chen said that Huayou is willing to continually strengthen the cooperation with LG Chem in the field of ternary precursor and cathode materials to maximize the potential of further cooperation, broaden the channels of further cooperation, and fully safeguard each other's business development and market demand. In addition, Huayou is strongly believed in the advantages of the strategic synergy generated from mutual cooperation and will continue to abide by an open and friendly attitude to enhance  strategic cooperation between two parts and jointly build up the industrial chain of lithium battery-based new energy materials with international competitiveness to share the fruit of cooperation and build a win-win future! 

Mr. Liu highly praised Huayou's very forward-looking strategic position in the field of lithium battery-based new energy materials and he is fully confident of the cooperation between both parties regarding ternary precursor and cathode materials projects. He also hoped that both parties will continue to enhance mutual trust and deepen cooperation, and look forward to jointly building a new era for the lithium battery-based new energy industry by integrating both parties' technological and marketing advantages, complementing each other's resources and sharing the benefits. 

During the meeting, both parties discussed the arrangement of the next stage development of Huajin New Energy Materials (QUZHOU) Co., Ltd. and exchanged ideas and thoughts regarding how to deepen strategic cooperation in future. After the meeting, the delegation also visited the construction site of Huajin Project to conduct on-the-spot investigation of the construction progress of the project; the delegation also visited the production lines of Quzhou Huahai New Energy Company and was briefed about the ongoing Huahai Project.