April 1, 2020, Hangzhou Bay Comprehensive Management Office "two hands, two wins" as the implementation of the great grasp and 2020 annual Party construction leading, economic development, production safety, environmental protection, social governance work promotion conference was held in Yu, Shangyu district leaders attended the meeting and speech, a number of advanced enterprises and institutions were commended. Due to its outstanding achievements in scientific research and innovation, Zhejiang New Era ENERGY Cycle Technology Co., Ltd. was awarded the honorary title of "Hangzhou Bay Independent Innovation Advanced Enterprise of Shangyu District in 2019".

In recent years, CNP has continuously increased investment in scientific research and innovation, introduced a large number of doctors, masters and senior technical personnel in the industry, carried out research and industry-university-research cooperation focusing on the main business of resource cycle, built a provincial postdoctoral platform, established a provincial R&D center, and continuously improved its independent innovation ability. Up to now, the total number of patents authorized by the company has reached 38, including 3 invention patents, and 2 invention patent applications have been accepted. The project of "Efficient and clean Recycling technology and Demonstration of Decommissioning Ternary Lithium Materials" was successfully included in the List of National Key R&D Projects in 2019 by the Ministry of Science and Technology. In addition, on the basis of full research, the company also applied a large number of new technologies independently developed into new production lines, and solved a large number of technical problems commonly troubled by the industry.