Betray plans to lay out the electric bicycle rental market and add more graphite mineral resources layout

In order to lay out the electric bicycle rental market, Beit Rui Nano intends to use the 17MWH battery assets for a price of 13.6 million yuan (including tax) to invest in the company’s technology, and the share after the investment accounted for 11.7076%.
Betray
On October 14th, the new three-board battery material manufacturer Betray (835185) announced that in order to lay out the electric bicycle rental rental market, the company’s subsidiary Shenzhen Beitui Nano Technology Co., Ltd. (hereinafter referred to as “Betre Nano” “) It is planned to use 17MWH battery assets for a price of 13.6 million yuan (including tax) to invest in Power Technology (Beijing) Co., Ltd. (“Power Technology”), and share the shares after the investment accounted for 11.7076%.
The announcement shows that Power Technology focuses on the investment construction and operation of the electric bicycle rental rental market. Betray is optimistic about the development prospects of the electric bicycle rental rental market. This investment is a unilateral capital increase of Beit Rui Nano, which is an attempt by the company to lay out the electric bicycle rental rental market. Due to the low proportion of Bertrand’s shareholding, the daily operation and management of the company is not led by the company.
Betray’s main business is the development, production and sales of positive and negative materials for lithium-ion batteries. The products are used in the manufacture of lithium-ion batteries. This time, it is not the first time that Betray has invested in battery assets. In September this year, Betray announced that in order to lay out the energy storage market, the company’s subsidiary Shenzhen Beitui Nano Technology Co., Ltd. plans to use 110MWH battery assets for a price of 88 million. Yuan (including tax) invested in Xi’an Yeneng Wisdom Technology Co., Ltd., holding 13.54% of shares after investment. Xi’an Yen will use the 110MWH battery assets invested by Betrick Nano to build and operate energy storage power stations.
On the 14th, Betray also announced that it plans to jointly establish a joint venture with Heilongjiang Baoquanling Nongken Diyuan Mining Co., Ltd., Hegang Beitaili Diyuan Graphite New Material Co., Ltd. (subject to the industrial and commercial registration). The registered capital is 20 million yuan, of which the company plans to invest 2 million yuan, accounting for 10% of the shares. The business scope of the joint venture company is: geological exploration of mineral resources; deep processing of graphite and wholesale and retail of products.
Betray said that this foreign investment is to expand the company’s raw material supply channels in Luobei County, Hegang City, and enhance the overall future benefits of the company.
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Post time: Oct-18-2019
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