Mengguli: Intends to establish a wholly-owned subsidiary Mengguli Sichuan with a registered capital of 500 million yuan.

Mengguli Announcement: The company plans to sign the "Lithium Iron Phosphate Project Investment Agreement" and the "Iron Phosphate Project Investment Agreement" with the Management Committee of Dazhou High-tech Industrial Park, and to invest in the establishment of Sichuan Mengguli New Material Technology Co., Ltd., with a registered capital of 500 million yuan. The lithium iron phosphate project for the fourth generation and above will be constructed in two phases, with Phase 1 building a 50,000-ton lithium iron phosphate production line, and Phase 2 adding a 100,000-ton lithium iron phosphate production line. The total investment scale is approximately 1.8 billion yuan, with Phase 1 investment scale of approximately 700 million yuan and Phase 2 investment scale of approximately 1.1 billion yuan. The supporting iron phosphate project will also be constructed in two phases, with Phase 1 building a new 100,000-ton iron phosphate production line, and Phase 2 adding a 100,000-ton iron phosphate production line. The total investment scale is approximately 1.2 billion yuan, with Phase 1 investment scale of approximately 600 million yuan and Phase 2 investment scale of approximately 600 million yuan.