

the registrant for state holding’s own website in 2019 revealed an email in its script and on its registration with Ali Cloud and that’s how State Holdings was contacted pretty much smashing everything AVZ says about BNB as subsidiary of State Power Group Ltd or SPIC, but that’s not enough, let’s go further….
Happy to assist, it’s just a time thing to put together online. The only straw man is the one who won’t commit to telling me what he she wants substantiated.
for example, I can quickly show you this screenshot of a link to a government website registering changes of interest in Beijing National Battery Technology Limited, where in May 2025, National Battery Technology as it was known on the old State Power Group website Statepower.cn (way back machine record), was transferred from Kai Johan Jiang (Swedish name), or Jian Dalong (Chinese name), to Guo Wei.


on the English side of the national battery site AVZ linked to, there is no reference to State Power Group and certainly no reference to SPIC. This is hard to now show as the website was pulled sometime in 2020 besides a way back machine record showing its existence and some content.
however back in early 2019, it was discovered via ‘white hacking‘ the national battery site, that there is a Chinese side, with older content and a previous iteration of its logo with State Holdings and the About us indicating SPG as parent.
”Guoneng” is likely the source of so much confusion because Guo Wei and associates would often use Guoneng in reference to BNB as an old corporate habit which can be flipped to its National battery but is closer to National or state power in translation. All AVZ needed to do was know the BRN or similar ID to check BNBT bonafides, and sure enough, with that authoritative link in screenshot BNB’s bonafides are known to the legal nth degree if you check all the owners of equity to see any link with a state power including SPIC. I know DLA dilly dallied on this they must have been pulling their hairs out how to explain SPIC in there but keep on denying? Lolz. (That’s another subject)
as for an SOE connection none was available as ascertained by a Chinese Australian lawyer while in China . And certainly not with SPIC that giantpaperclips discovered and shared on Hotcopper in December 2018 nor was SPG. The link will show since you care so much about AVZ reputation? — BNB was not a subsidiary of state power group. This is way more than AVZ supplied to the market on March 12 2018. AVZ needs to explain why it mislead the market as understood under Australian laws. AVZ ought to know, it can not rely only try to bluff if it tries with “ business realities in China etc etc
This checking is beyond even the word of the representatives for the seller, Kai Johan, Jian Dalong of State Power Group’s assets, State Holdings, with whom it was first learned SPIC has no connection. That NBT, later BNBT was Guo Wei’s asset.
In fact the owner of SPG assets Kai Johan Jiang was promoting his NEV outfit as sourcing batteries from CATL in 2017– this alone should alarm AVZ as to why SPG owner wants to source batteries from CATL not BNBT
I still need you to define what you want substantiated and substantiation looks like. NB you’re asking more of me than AVZ supplied in its announcement in the hope of sustaining its share price and investor interest but I’m happy to assist with doing the job AVZ didn’t do.
So to make my claim again of reckless Fraudulent misconduct is clear : to put SPIC on BNB MOU was done because whoever in AVZ had the bright idea before releasing to ASX for publication could not find state power group website (because AVZ did no due diligence to discern BNBT bonafides that SPG did not exist in 2018), so, one can only surmise that the AVZ officer, upon discovering state power investment corporation - said this will do because ‘State Power’ is there — that’s a match _ lolz—and the boys like RAF will defend it tooth nail and straw.
Now here on Hotcopper that SPG or SPIC SOE connection to BNB was soaked up with great enthusiasm beyond that of Kobold interest I dare say, because it demonstrated Beijing wanted a competitor to CATL to rise and develop the project with AVZ. A walk in the park. From March 12, the euphoria is material on this forum. AVZ future looked positive near term and then on March 21, with no amendments, AVZ ramp BNB interest again. Suffice to say, if you want substantiation it has been reasonably supplied with that link. There is more in correspondence with BNB principals closely concept checking relationships but this is the objective fact that yes you can cross check with other sites.
