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GAC Group, GEM establish power battery material recycling joint venture
On April 13, GAC Group announced the recent establishment of a joint venture named Guangzhou Youmei Recycling Technology Co., Ltd. (Youmei Recycling) between UPower Energy Technology (Guangzhou) Co., Ltd., a subsidiary, and Wuhan Power Battery Recycling Technology Co., Ltd., a subsidiary of GEM Co., Ltd. (GEM).
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