China Post Group Corporation Limited (hereinafter referred to as China Post) and Contemporary Amperex Technology Co. Limited (hereinafter referred to as CATL) signed a strategic cooperation agreement on August 12. Chairman Liu Aili of China Post and Chairman Zeng Yuqun of CATL held working talks and jointly witnessed the signing of the agreement. Chief Financial Officer Zheng Shu of CATL and Vice President Lu Wei of China Post, also president of the Postal Savings Bank of China (PSBC), signed the agreement on behalf of both parties.

Liu Aili introduced China Post’s recent progress in expanding its four major business segments and further promoting its high-quality development. He noted, CATL is a global leader in new energy innovation technology. He hopes that both sides will take the signing of the agreement as a new starting point, and make serving the country’s “dual carbon” strategy as their common mission. Leveraging the express and logistics network resources of China Post, they will work together to explore new energy application scenarios such as electrification of trunk mail routes and battery swapping and recharging for commercial vehicles, making every effort to promote the green and low-carbon transition of the logistics industry. Meanwhile, they will deepen pragmatic cooperation in finance, supply chain logistics and other areas, working to inject stronger “green electricity” momentum into Chinese modernization.

Zeng Yuqun briefed CATL’s progress in operations and innovation. He stated, CATL, leveraging its advantages in cutting-edge new energy technologies and green solutions, will deepen industrial alignment and carry out multi-channel, multi-field and multi-level strategic cooperation with China Post, so as to boost the high-quality development of both enterprises and facilitate delivering their strategic goals.

According to the agreement, both parties will give full play to their respective resource strengths, and carry out in-depth cooperation in areas such as financial business, express and logistics business, rural revitalization and new energy applications. Moreover, they will establish a regular communication and coordination mechanism to ensure the implementation of the cooperation initiatives.