On November 3, Sunwoda Electronic Co., Ltd. (Sunwoda) signed a strategic cooperation agreement with CNGR Advanced Materials Co., Ltd.(CNGR).
Focusing on the global cooperation of the new energy materials industry chain, the scope of cooperation includes overseas resource development cooperation, product procurement and marketing and processing cooperation, product research and development cooperation, etc.
According to the agreement, Sunwoda and CNGR will give full play to their respective advantages and jointly respond to the positive changes in the global new energy industry. Through the upstream and downstream cooperation, to create win-win and sustainable strategic cooperative partnership, jointly promote the great development of industries and enterprises.
Established in September 2014, CNGR is a holding subsidiary of Hunan CNGR Holding Group Co., Ltd., a listed entity and a professional, comprehensive service provider of advanced energy materials for lithium battery. CNGR has entered into strategic cooperation with dozens of famous enterprises at home and abroad, and its core products are among the high-end supply chains of the world’s top 500 enterprises in China, Europe, America, Japan and Korea.
The deep cooperation relationship between the two parties is beneficial to enrich the Sunwoda's future upstream resources, improve the stability of the supply chain, and further improve the Sunwoda's profitability and comprehensive competitive strength, thus contributing to the achievement of carbon neutrality at an early date.
