In order to effectively fulfill the obligations of the extended producer responsibility system and seize the critical opportunity of the current development of the lithium battery industry, the company established Sichuan Changhong Runtian Energy Technology Co., Ltd., based on the comprehensive recycling and stepped utilization of waste lithium batteries as the basic business, extending scrapped cars upward 1. Bicycle dismantling business, extending the lithium battery cathode material business downwards, establishing the first lithium battery recycling comprehensive utilization enterprise in the western region and the top five in the industry.