On August 2, 2024, two leading companies in the field of new energy, Guangzhou Greater Bay Technology Co., Ltd. and Aerospace Anhua Co. Ltd..

Mr. Pei Feng, President of GBT, and Mr. Liu Yong, Chairman of Aerospace Anhua, attended the ceremony, marking the official opening of the in-depth cooperation between the two companies in the field of new energy vehicle technology.

The cooperation focuses on the two cutting-edge projects of new energy “methanol hybrid commercial vehicle battery” and “off-grid methanol charging system”, which not only highlights the leading position of both parties in the field of new energy technology, but also positively responds to and deeply implements the strategic goal of “carbon peak and carbon neutral” in the world. It is also a positive response to and in-depth practice of the global “Carbon Peak, Carbon Neutral” strategic goal. Both parties will work together to open a new chapter in the ecological field of new energy vehicles, and promote the industry to develop in a greener, more efficient and sustainable direction. As a leader in ultra-fast charging power battery technology, GBT's self-developed XFC (eXtreme Fast Charging) ultra-fast charging power battery technology, which can charge from 0-80% of power in as little as 7.5 minutes, has not only set a world record, but has also been widely applied to the models of a number of well-known automobile companies, and has become a strong driving force for new energy vehicle market.

The technological breakthroughs of GBT have not only enhanced the convenience of electric vehicles, but also injected new vitality into the rapid development of the new energy vehicle industry.

Aerospace Anhua, relying on the strong background of Shenzhen Aerospace Energy Hydrogen Energy Innovation Research Institute, has demonstrated its world-leading technological advantages in the hydrogen-alcohol electric heavy-duty truck program. The company owns more than four hundred patents on internal combustion engine, electric control and motor technologies. By upgrading the traditional internal combustion engine, combined with high-pressure atomized nozzle, green methanol catalytic reforming and ignition chamber technologies, the company realizes ultra-high-efficiency combustion of green methanol engine. This technical achievement not only overcomes the problem of high comprehensive cost of hydrogen energy, but also takes the lead in meeting the relevant standards of the European Union, showing strong market competitiveness and broad development prospects.

According to the strategic cooperation agreement, the two parties will launch in-depth cooperation on the new energy “methanol hybrid commercial vehicle battery” and “off-grid methanol charging system” projects.  Aerospace Anhua will use GBT's traction battery products as the core components of its methanol hybrid commercial vehicles, and the annual order quantity is expected to reach 5,000 units, which will provide a solid guarantee for GBT's market expansion and at the same time promote the development of methanol hybrid commercial vehicles in the direction of higher efficiency and energy saving. Utilizing its rich resources in the new energy vehicle market, GBT will work with Aerospace Anhua to promote the market application of the “off-grid methanol charging system” project, providing stable and reliable charging solutions for new energy vehicles in remote areas and unstable power grids, and further broadening the application scenarios of new energy vehicles. Both parties will build a long-term, comprehensive and sustainable strategic partnership based on a high degree of strategic mutual trust, jointly promote the research and development and application of new energy technologies, and contribute their wisdom and strength to the realization of the global goal of “Carbon Peak and Carbon Neutrality”.