November 24, 2025 — China Risun Group and Contemporary Amperex Technology Co., Limited (CATL), the world’s leading new energy technology company, have signed a comprehensive strategic cooperation agreement to jointly advance renewable energy investment and development, next-generation energy storage applications, transportation electrification, charging and battery-swapping infrastructure, and zero-carbon industrial park construction.
The agreement marks a major step in deepening collaboration between the chemical and energy sectors, setting a new benchmark for green transformation in the energy and chemical industries.
Leaders Witness Strategic Signing
The signing ceremony was attended by senior executives from both sides, including Li Qinghua, Executive President of China Risun Group, and Wu Yingming, Chairman of CATL’s Supervisory Board and Chairman of the Ecological Development Committee. Zhang Yingwei, Senior Vice President of China Risun Group and Chairman of Binhai Energy, and Meng Xiangfeng, Vice President of CATL, signed the agreement on behalf of the two companies.
CATL: Global Leader in New Energy Innovation
Headquartered in Ningde, Fujian Province, CATL operates six global R&D centers and thirteen battery manufacturing bases worldwide. The company focuses on the R&D, production, and sales of power batteries and energy storage systems, driving innovation across stationary fossil energy substitution, mobile fossil energy substitution, and integrated market applications.
CATL has built four major innovation systems covering materials, system architecture, green manufacturing, and business models. It has achieved global leadership in power battery usage for eight consecutive years (2024 market share: 37.9%) and energy storage battery shipments for four consecutive years (2024 market share: 40%). CATL is committed to delivering world-class solutions and services for global new energy applications.
China Risun: Advancing Green Energy and Chemicals
China Risun Group, a global leader in coke, chemicals, and new materials, brings deep expertise in modern green coal coking, basic chemicals, new energy operations, and advanced materials production. With a fully integrated industrial chain and extensive experience in industrial park development, Risun is well-positioned to pioneer new pathways for the green transformation of the coke and chemical industries.
Building a World-Class Model for Energy Transition
Through this strategic partnership, China Risun and CATL will combine their strengths in industry, technology, market presence, and talent to explore new models of deep integration between chemicals and new energy. Together, they aim to create a national and global exemplar of green, low-carbon, and intelligent innovation in the energy and chemical sectors, contributing to China’s and the world’s energy transition and sustainable development.
According to the agreement, the two companies will establish efficient and pragmatic operating mechanisms that penetrate all levels of cooperation — from technology development and market expansion to industrial ecosystem reshaping. This ensures that the strategic vision, fundamental direction, and cooperation framework are fully implemented and translated into actionable results.
This partnership represents a powerful alignment of strengths between China Risun and CATL. Together, Risun and CATL will accelerate innovation, drive industrial transformation, and contribute to building a greener, smarter, and more sustainable energy future.
