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According to news from Ningde Times (300750), on January 20th, Lingong Heavy Machinery Co., Ltd. (referred to as Lingong Heavy Machinery) signed a strategic cooperation agreement with Ningde Times in Jinan, Shandong. According to the agreement, both parties will engage in comprehensive cooperation in the supply of power batteries, research and development of hybrid and new energy technologies and products for mining trucks, promotion of domestic and international markets, formulation of industry standards for new energy engineering machinery, and battery recycling; At the same time, both parties will also focus on the research and promotion of large tonnage new energy mining products, providing technologically advanced and competitive electrified products to customers in the global construction machinery industry, and jointly promoting the leapfrog development of their businesses.

According to data, Lingong Heavy Machinery was established in 2012, focusing on mining equipment, high-altitude operation machinery, special machinery, key components and other sectors. It is in a leading position in the global mining wide body mining truck and high-altitude operation platform vehicle industry, and is one of the "Top 100 Global Engineering Machinery Manufacturers". It is also an active advocate and strong promoter of the green, intelligent, and international development of the engineering machinery industry.

Ningde Times stated that currently, driven by the national "dual carbon" strategy goals, as a major energy consumer (commonly known as the "oil tiger") and carbon emitter, the energy transformation of the construction machinery industry is urgent. With this cooperation, the company will fully leverage its leading advantages in core new energy technologies, work with Lingong Heavy Machinery and global partners to accelerate the development and popularization of engineering machinery battery technology, and help the comprehensive electrification of the engineering machinery industry arrive as soon as possible.

Battery Network has noticed that this is the third strategic cooperation agreement signed between CATL and downstream customers since the beginning of this month.

On January 6th, Jiangqi Group and Ningde Times signed a strategic cooperation agreement in Ningde, Fujian. According to the agreement, both parties will actively cooperate in the supply of power batteries, introduction of battery swapping technology, joint development and application of new technologies and products, expansion of domestic and foreign markets, and carbon reduction in the industrial chain, jointly formulate action plans, and build strategic alliances. In the field of power batteries, CATL will provide Jiangqi Group with new products and technologies for power batteries, complete production, sales, and research cooperation services, as well as highly integrated technologies that combine the vehicle platform with batteries to jointly create competitive new energy vehicle models; In terms of technical cooperation, both parties will establish a joint research and development team to jointly develop and apply new technologies and products, jointly promote the introduction of CIIC skateboard chassis technology, determine the applicable models of CIIC skateboard chassis, and develop cooperation plans and development plans as needed. In addition, both parties will establish in-depth cooperation in brand promotion, product marketing, quality cultivation, customer service, talent cultivation, etc., to jointly create higher quality and better priced products, and promote the leapfrog development of both business.

Jiangqi Group is a comprehensive automotive enterprise group that integrates the research, production, sales, and services of a full range of commercial vehicles, passenger cars, and powertrain, covering various fields such as automotive travel and financial services. It is committed to creating a comprehensive automotive service platform with a "full ecological chain, full industrial chain, and full value chain". By the end of 2023, Jiangqi Group had exported nearly 1.4 million vehicles, and its products were exported to more than 130 countries and regions worldwide. For many consecutive years, it ranked first in the industry's exports of mid to high end light trucks.

In recent years, Jiangqi Group has been focusing on the development of intelligent vehicles and intelligent new energy vehicles, continuously increasing research and development investment in the three electric fields, and building core technologies. Ningde Times will rely on the global leading core technology advantages of new energy to provide more competitive and quality guaranteed products for Jiangqi Group and global partners, promote high-quality development of the industry through technological innovation, and help China's new energy vehicles reach a new level.

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