50 Yiwei Lithium Energy: Intends to sign an investment cooperation agreement with the government of Qidong City. The total investment amount is approximately 5 billion yuan.

Yiwei Lithium Energy announced that the company plans to sign an investment cooperation agreement with the government of Qidong City, with a total investment of about 5 billion yuan, to build a 50GWh energy storage battery production base. The project will cover an area of approximately 332 acres. The board of directors authorizes the company's management to handle all subsequent matters related to this project and to sign relevant procedures and documents.