On May 8, the Unilink International Electrolytic Cobalt Business Launch Conference was held in Wuxi. Leading electrolytic cobalt producers such as Huayou Cobalt, GEM, Hanrui Cobalt, and Tengyuan Cobalt, as well as representatives from international traders like Exxon and Hartree, attended the conference to offer insights and suggestions for the development of Unilink's international electrolytic cobalt business. Following the successful launch of the international sulfur business last month, this conference marks another breakthrough in Unilink's international business development.

At the start of the conference, Chairman Yu Xiaochun of Unilink Group elaborated on the founding background of Unilink as the world's first bulk commodity trading platform to use the RMB for pricing and settlement. Wang Lixin, head of the information company under Unilink Group, also shared the main research areas and existing products of the current commodity information services, as well as their support for Unilink's business. Li Jincheng, Unilink's business director, provided a detailed introduction to the international electrolytic cobalt business model. Additionally, Shanghai Sitianwei and Shanghai Lizitang, Unilink's warehousing partners, briefly introduced the services they provide. At the end of the conference, the attendees discussed topics such as the initial guiding price for international electrolytic cobalt and quality standards.

Against the backdrop of the rapid development of the global new energy vehicle industry, demand for electrolytic cobalt, a core material for ternary lithium batteries, is rapidly rising. The launch of Unilink's international electrolytic cobalt business will help more companies seize opportunities to participate in international trade. Although China, as a major producer, supplies most of the world's electrolytic cobalt, it has not yet secured corresponding pricing power in the international market. By facilitating the international electrolytic cobalt business, streamlining import and export processes, and integrating domestic and international market resources, Unilink aims to help Chinese companies expand their export scale. Using RMB for pricing, Unilink seeks to influence overseas markets, actively guide international cobalt ore prices, and strive for pricing power in the field of new energy materials!

The conference concluded successfully, and we sincerely thank all participants for their support and trust. Unilink will work hand-in-hand with industry partners to open a new chapter in electrolytic cobalt trading and contribute to the prosperous development of the new energy industry!