Yu Qing, CADF Investment Director and His Delegation Visited Better Group

In recently, Yu Qing, Investment Director of China-Africa Development Fund (abbreviation CADF), Ji Jun, official of Zambia Representative Office, Gao Ran, Senior Manager Assistant of Investment Department, and Li Lujun, Development Director of China Power Investment (Fujian) Power Development Co., Ltd. visited Better Technology Group Limited (Better Group for short). Wei Yanping, President of Better Group, Liu Dewei, General Manager of Better Group, and Huang Chao, Operation Director of Better Group, warmly welcomed their arrival and discussed with them about the cooperation patterns and opportunities in the fields of battery manufacturing and photovoltaic energy storage in Africa. 

During the meeting, President Wei expressed her warm welcome to the arrival of officials from China-Africa Development Fund (CADF) and gave a detailed introduction of Better Group’s corporate culture, development history, brand strategy, international business units and market prospects. Mrs. Wei introduced that Better Group, as an integrated solution operator for global battery manufacturing, has always been committed to customer-oriented principle and value creation core value, and has been delving deeper into the battery industry for more than ten years. At present, Better Group has managed to hold the leading position in the battery manufacturing industry in terms of realizing the synergistic development of the entire industrial chain of lead-acid battery and the R&D and production of lithium battery energy storage system. With the continuous development of the corporate scale, the strategic goals to accelerate the internationalization development grow clearer and firmer.

“The decision to sign a contract with China-Zambia Economic and Trade Cooperation Zone is a rewarding practice for our business localization in the global market. It is also an important strategic move for Better Group to become a real participant of the national "Going Global Strategy" and the Belt and Road Initiative, making contribution to strengthening the international production capacity cooperation. In Zambia, we will make full use of our advantages in the aspects of production capacity, R&D strengths, design experience, complete sets of equipment supply, project services and advanced technology. Jiangxi-Zambia Economic Cooperation Zone is a great platform for us to inject new energy into the development of Zambia's battery manufacturing industry in terms of research and development, supply chain management, product design, staff training, etc. to meet the needs of battery manufacturing, electricity generation and automobiles in Zambia and benefit its neighboring regions,” President Wei added.

Building on what Mrs. Wei said, Li Lujun, Development Director of CPI (China Power Investment) Fujian Power Development Co., Ltd. offered us new ideas about investment and cooperation in the perspective of "New Energy Zero-Carbon Development". He said, “Energy storage technology has become an increasingly important role in achieving the global "dual carbon" goal. He hoped that CPI would collaborate with Better Group to create values and benefits for global zero-carbon development under the concept of "Multi-energy Complementary, Multi-energy Combined Storage" and to contribute to the development of new-energy enterprises.

Having been familiar with Better Group, Mr. Yu, the Investment Director of China-Africa Development Fund, expressed his affirmation and admiration for Better Group’s insightful ideas on business models and differentiated development strategies. Mr. Yu noted, “Since the establishment of China-Africa Development Fund (CADF), CADF has been committed to providing strong support for Chinese enterprises to invest in Africa, which is of great significance for Chinese enterprises to go abroad to explore international market and contribute to the development of African industries.” Mr. Yu also added, “CADF is very willing to provide relevant service support and resources for Better Technology Group Limited because the purpose of this visit is to carry out in-depth communication with Better Group to discuss the investment opportunities in the field of energy storage in Africa, and establish closer partnership with Better Group in the future so as to enhance China-Africa friendship and achieve mutual benefits in economic and cross-border trade cooperation.”

At the end of the meeting, President Wei expressed her thanks for the recognition from Mr. Yu and said, “Better Group is also looking forward to utilizing the resources provided by China-Africa Development Fund to accomplish an excellent benchmark project in Zambia and speed up the pace of exploring international market, give full play to the enhancement of industrial strengths and to promote the development of the African industrial chain for the prosperity of China-Africa economy and trade and the high quality development of the Belt and Road Initiative.”