The technical upgrade project for an annual production capacity of 30,000 metric tons of high-purity lithium salts, invested in and constructed by the wholly-owned subsidiary Zhongkuang Lithium, has been completed and received approval for trial production. Trial production operations commenced on January 2, 2026. The total investment for the project amounts to 120.7442 million yuan. Upon the commencement of operations for this technical upgrade project, the company will possess a combined annual production capacity of 71,000 metric tons of battery-grade lithium salts. This will further enhance the comprehensive competitiveness of the company’s lithium salt business, enabling it to better address industry transformations and market challenges.