Longpan Technology enters the field of battery recycling
Long
business
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bus
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Longpan Technology
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Technology
power
Shandong
Shandong Meiduo
cost
cascade
RMB
2024-12-23 10:10
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In order to reduce costs, Longpan Technology plans to acquire 100% of Shandong Meiduo’s equity and increase its capital by RMB 50 million after the acquisition. Shandong Meiduo’s main business is the recycling and cascade utilization of waste power batteries for new energy vehicles.
