GEM Wuxi signs strategic cooperation framework agreement
2017-09-20 17:28:36 [Print]
According to the announce made by GEM on the evening of September 19th, GEM Wuxi, its subsidiary company, signed a strategic cooperation and raw material purchasing framework agreement with Tianjin Jeve on September 19th
. Tianjin Jeve predicted that it would demand 3,959t, 7,918t and 15,837t of anode materials in 2018-2020 respectively and promised to choose GEM Wuxi as the priority supplier under the same conditions . In return, GEM Wuxi promised that it would guarantee the supply based on Tianjin Jeve's actual demand amount per month . In addition, Tianjin Jeve would give its retired and scrapped battery cells or battery packs to GEM Wuxi for recycling under the same conditions.