CNGR Advanced Material Co., Ltd. (“CNGR”) is an established producer of cathode precursors for lithium batteries and a major recycler of end-of-life batteries in China. According to the Bank’s website, the proposed IFC investment will support CNGR’s construction of recycling facilities for end-of-life batteries and scrapped materials in Tongren, Guizhou Province and integrated facilities in Qinzhou, Guangxi Province, both frontier regions in Southwest China.
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CNGR Advanced Material Co., Ltd.
Mr. Bo Chang
23rd Floor, Block A, Yunda Office Building, 289 Shawan Road, Yuhua District, Changsha, Hunan Province, China
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