Recently, Li Zhengli, deputy general manager of CNTIC, met with Lu Ronghua, general manager of Wuhan Weineng Battery Assets Co., Ltd. and his party at the General Technology Building. The two sides conducted in-depth exchanges on cooperation in the fields of energy storage and cascade utilization of battery assets, construction, operation of and investment in battery replacement stations at home and abroad, supply chain system and domestic equity financing of Weineng Company. In particular, they discussed the strategic opportunities for CNTIC and NIO Group to jointly explore European and overseas markets. Relevant personnel from the High-tech Business Department and Strategic Investment Department also attended the talks.