Better Tech Group Signs USD 15 Million Capital Increase and Expansion Agreement, Witnessed by Zambian Vice President and Other Dignitaries

The 2025 World Green Development Investment and Trade Expo & China Green Food Expo were successfully held in Nanchang, Jiangxi Province. During the expo, the Jiangxi Provincial People's Government hosted the China (Jiangxi) - Africa Investment and Cooperation Symposium. Better Technology Group Limited (hereinafter referred to as Better Tech Group) officially signed a USD 15 million Capital Increase and Capital Expansion Framework Agreement with Jiangxi United Industrial Investment Co., Ltd., the core operator of the Zambia Jiangxi Economic Zone. This marks another critical step in Better Tech Group’s global deployment and capacity expansion, further affirming its comprehensive strength.

During the event, Zambian Vice President Mutale Nalumango and Jiangxi Vice Governor Xia Wenyong delivered addresses at the symposium. Written statements were submitted by Mauritius' Minister of Local Government Rajeev Uteech and Botswana MP Goitseone Kekgongilwe. Among the distinguished attendees were Zambian Ambassador to China Ivan Zyuulu, Zambian National Coordinator Norman Chipakupaku, Botswana MPs Victor Billy Fologolo and Gabatsholwe Diso, Guinea's Chief Mining Advisor Daouda Diakité, and Equatorial Guinea's Special Agricultural Representative Motogo Mange Mariano Mba. The event was chaired by Chen Changsheng, Deputy Director of the Jiangxi Provincial Department of Commerce.

It is reported that the expo secured 66 deals totaling 45 billion yuan, including 63 investment-attraction projects worth 439.91 billion yuan and 3 overseas investment projects valued at $148 million. On this high-level cooperation platform, Better Tech Group’s overseas project garnered significant attention, showcasing the company's international influence and resource integration capabilities in the energy sector.

The deal aims to expand production at Airumi New Energy Zambia Limited (hereinafter referred to as Airumi New Energy), Better Tech Group's subsidiary and Zambia's first local battery plant. Airumi New Energy's lead-acid batteries already cover Zambia and are expanding regionally. As a key global project, the plant will begin expansion in 2026 to exceed 1 million units annually. It will also advance lithium battery R&D and intelligent manufacturing, boosting Airumi New Energy's global product portfolio and supply chain advantages. Post-expansion, the project will more robustly drive local employment and support Zambia's industrial modernization.

Building on the solid foundation of China-Africa cooperation and aligned with the green Belt and Road Initiative and global development consensus, Better Tech Group is leveraging its Zambia battery plant to deepen transnational green capacity collaboration across clean energy development, battery tech upgrades, local talent cultivation, and sustainable manufacturing. Committed to action-driven partnership, it invites global allies to jointly build a bridge for green development between China and Africa and co-creates a sustainable, high-quality tomorrow.