Yongxing Materials: The company's expansion work is progressing actively.

On August 23, Yongxing Materials stated on the interactive platform that the company's expansion work is actively progressing. In addition, the company's lithium battery new energy business currently has a production capacity of 30,000 tons per year, with one production line of 10,000 tons undergoing a green, intelligent, and efficient project for lithium extraction. The project is progressing in an orderly manner according to plan, and is expected to be put into use on schedule.