Guoxuan High-tech and BASF deepen cooperation

Guoxuan High-tech and BASF signed a strategic cooperation agreement to strengthen cooperation in materials science and promote innovation in power battery materials. The two parties will expand the scope of cooperation, jointly develop and promote the application of chemical materials in batteries, and look forward to promoting battery technology innovation and material science progress through cooperation. BASF focuses on the power battery business and provides a comprehensive product portfolio, including lightweight battery packs, positive and negative electrode chemicals and binders. Guoxuan High-tech focuses on battery research and development and believes that the global new energy industry is facing new opportunities and there is broad space for cooperation between the two parties.