JIC Leasing has recently provided financial leasing services to a battery recycling enterprise in Anhui province, supporting the modernization, automation and intelligent upgrading of their production workshop, while also helping the utilization of renewable resources and the development of the circular economy.

Used lead-acid batteries are renewable resources, containing a large amount of valuable metals such as lead, tin and copper. In recent years, China has regulated the management of the recycling, disposal and utilization of lead storage batteries by formulating a range of relevant policies. The National Development and Reform Commission issued its "Plan for the Development of the Circular Economy in the 14th Five-year Plan Period", proposing the classification and centralized disposal of urban waste (which includes used batteries), in order to strengthen the standardized management of enterprises recycling their used batteries and other waste, and to carry out the recycling of waste power batteries.

In 2023, nearly 2 million tons of used batteries were recovered throughout the year in Anhui Province, and the local recycling of used batteries has become an important part of green and low-carbon transformation and development, accelerating the construction of a waste recycling system. Recycling of used batteries will not only bring great environmental benefits, but will also generate huge economic benefits. However, factors such as the uneven level of recycling technology bring difficulties and challenges to the effective recycling of batteries. The enterprise features advanced environmental protection facilities, and its exhaust gas emissions are far lower than the national red line control standards. The enterprise has also realized industrial wastewater recycling, with filtered wastewater reaching the "drinkable" standard, and has adopted industry-leading recycling technology. Its technological advances have opened up a new era of energy conservation and environmental protection for the reuse of lead-acid batteries.

JIC Leasing implements a concept of "green and low-carbon" development, continuously improving its services for green energy, the circular economy and other fields. In this way, the company helps enterprises upgrade their technology, jointly creating a better production system for resource recycling.