EV Lithium Battery Recycling Business for Sale

The target company holds a Waste Disposal License and a Chemical Waste Collector License issued by the local Environmental Protection Department.

Its current main business involves providing disposal and comprehensive recycling solutions for waste lead-acid batteries generated in the area, as well as recycling copper metals.

With the batteries of new energy vehicles in the area reaching large-scale retirement, the target company intends to launch a business for recycling and dismantling retired automotive lithium batteries in the area.

Furthermore, given that the Basel Convention prohibits the shipment of hazardous waste from developed countries to developing countries, the company can leverage the area’s status as a free port and duty-free port to transport retired batteries from Europe or other developed countries to the area without tariffs for cracking and extracting recycled black mass, which can then be imported without taxes into mainland China (starting from August 2025, China will allow the import of compliant recycled black mass into the mainland).

The company is located just a few hundred meters away from a deep-water port, which can be utilized for maritime shipping.

Currently, the shareholder of the target company are seeking to sell the company for HKD 150 million (equal to USD 19.29 million) to investors possessing both the technology and capital for automotive lithium battery recycling.

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OUR COMPANY PROFILE:

We are a leading large CPA group with over 2,500 professionals (370 certified public accountants) in nearly 98 branches across Mainland China, which ranks among the TOP CHINESE 50 CPA FIRMS.