Practice the "One Belt, One Road" strategy Camel shares to build a battery production and recycling base in Central Asia

On April 25, 2019, the 2nd "Belt and Road" International Cooperation Summit was held in Beijing. Mr. Liu Changlai, President of Camel Co., attended the meeting and attended the Entrepreneur Congress on April 25-26, 2019.

Liu Changlai (third from right), President of Camel Group Co., Ltd. attended the “Belt and Road” Entrepreneur Conference Liu Changlai (third from right), President of Camel Group Co., Ltd. attended the “Belt and Road” Entrepreneur Conference

During the meeting, Camel signed a formal cooperation agreement with Uzbekistan M-ARSH to build an annual production capacity of 3 million auto-starting lead-acid batteries and 50,000 tons of used batteries in the Anglian Free Economic Zone in Uzbekistan. The harmless recycling project, with a total investment of 48 million US dollars, will be put into operation at the end of 2020. After full production, it will become the largest car battery and waste battery recycling plant in Central Asia. It can provide 500 jobs for the local area and the annual output value will be Reached $150 million. The completion of the project will not only enhance the traditional friendship between the Chinese and Ukrainian peoples, but also contribute to the economic and social development of Uzbekistan.

Camel shares signed a formal cooperation agreement with Uzbekistan M-ARSH Camel shares signed a formal cooperation agreement with Uzbekistan M-ARSH

After the meeting, the leader of Camel Group (Uzbek) Battery Co., Ltd. and the general manager of Uzbekistan's M-ARSH company, Ushalov Olim, accepted interviews from various media in China and abroad and expressed the hope that the project will be implemented as soon as possible in Uzbekistan. "One Belt and One Road" to achieve mutually beneficial cooperation, improve the international reputation of the "Camel" brand, create a camel century-old enterprise, and become the world's leading energy service provider.

Liu Changlai (middle), president of Camel Co., and Ushalov Olim (first from left), general manager of M-ARSH, were interviewed Liu Changlai (middle), president of Camel Co., and Ushalov Olim (first from left), general manager of M-ARSH, were interviewed

As a leading company in the manufacture of Asian automotive starter batteries, Camel Group Co., Ltd. actively responds to and participates in the national “Belt and Road” policy. On January 3, 2019, Camel and Uzbekistan "M-ARSH LLC" signed the "Camel Group (Uzbek) Battery Co., Ltd. Sponsor Agreement", the two parties intend to jointly establish CAMEL M-ARSH BATTERY CO. in the Republic of Uzbekistan. , LTD (hereinafter referred to as "Camel Uzbek Company"), engaged in the production and sales of lead-acid batteries and the recycling of used lead-acid batteries. On March 25th, the Hubei Provincial Development and Reform Commission filed a record on Camel Group Co., Ltd. and Uzbekistan M-ARSH in Uzbekistan to build a lead-acid battery production and waste battery recycling project. The signing of the formal cooperation agreement between the two parties at the “Belt and Road” Entrepreneur Conference represents that the project's investment and construction will be officially put on the agenda.

Camel shares the battery production and recycling base to be established in Uzbekistan. It will be the largest battery production plant in Central Asia and the largest waste battery treatment and recycling plant, which has important strategic significance. First, it can actively respond to the national “Belt and Road” market strategic layout, in line with the company's strategic development direction; Second, use the huge market demand for batteries in Central Asia, actively expand the international market, and enter and occupy the Central Asian and Middle Eastern regions for Camel Group battery products. Provide an important bridge role; Third, reduce international transportation costs, achieve domestic production capacity transfer and camel brand internationalization, and increase the international business, international market sales net interest rate.

In recent years, Camel shares have taken the lead in responding to and practicing the great strategy of “One Belt, One Road” and have taken the lead in implementing the business scope to the world and building world-renowned brands. On September 12, 2017, Camel Group Co., Ltd. signed a formal share subscription agreement with Croatian Rimac Automobile Company and Greyp Company. Camel Group invested 30 million euros to subscribe for 19.35% of the two companies. On March 21, 2019, camel shares made a debut at the Automechanika Kuala Lumpur 2019 exhibition held at the KistorC Convention and Exhibition Center in Malaysia, with the support of the Malaysian Ministry of International Trade and Industry. As a national camel, the world's camel, for nearly 40 years, Camel shares are embarking on a global economic and cultural road.

Co-constructing the “Belt and Road Initiative” to promote the great strategic goal of “focusing on interconnection, deepening pragmatic cooperation, cooperating to cope with various risks and challenges faced by mankind, and achieving mutual benefit and common development”. Camel shares have always responded positively and forward-looking. Take the lead in implementing and fulfilling the responsibility and mission of a national enterprise. On the road of future development, Camel shares will continue to advance and make unremitting efforts to realize the great corporate vision of “creating a camel enterprise and becoming a leading global energy service provider”.

Reading volume: Source: camel shares of: cold autumn

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