Gem Co.,Ltd. to Establish Joint Laboratory for Solid-State Battery Cathode Materials with University

Stock News06-05

Gem Co.,Ltd. (ASX: 002340) has announced the signing of a cooperation agreement with the Ningbo Oriental Institute of Technology on June 5, 2026.

The agreement outlines plans to establish a joint laboratory focused on solid-state battery cathode materials.

The collaboration will leverage the university's research team, led by Academician Sun Xue Liang, and its advanced technology laboratories, combined with Gem's own engineering talent and industrial innovation platforms.

The primary objective of the joint laboratory is to drive fundamental innovation and industrial application across the entire value chain of solid-state battery key technologies.

Gem has committed to investing 30 million yuan into the joint laboratory over the next five years.

Of this total investment, 20 million yuan is allocated for the construction and operational costs of the laboratory itself.

The remaining 10 million yuan is designated for pilot-scale conversion of technologies developed by the laboratory once they reach a mature experimental stage.

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