China Zhongji Investment completes a targeted investment in Hanrui Cobalt

Yang Zhigang, partner of China Zhongji Investment and executive president of the wealth management center, said that as a leading cobalt powder company, Hanrui Cobalt has focused on its niche field for 23 years, mastering independent core technologies, steadily improving its industrial chain layout, and gradually releasing its production capacity. It has great growth potential in the future. On the other hand, affected by the epidemic, the continuous tension in cobalt ore supply has led to capacity restrictions or closures in several cobalt mines. With the increase in investment in the new energy vehicle market in many countries around the world, and cobalt being an important material for new energy vehicles, demand has increased significantly. The combined positive factors on both the supply and demand sides will strongly support the performance growth of Hanrui Cobalt. This investment is believed to bring stable and secure returns. We will also continue to focus on investment opportunities in targeted increases of outstanding companies, creating value for shareholders and customers.