The company has made great efforts to develop the resource mining, smelting and processing, recycling of lithium batteries, Cathode material and precursor business. In addition to the provision of a stable metal resource guarantee and the construction of comprehensive cost advantages, the company is committed to forming an integrated global business for investment and trade, resource development and recycling, and R&D and manufacturing, to create the collaborative advantages in the industry chain. Meanwhile, through internal strengthening, it has built a high efficiency intensive management system and mechanism combining linear and regional planning. It has become a supplier of the key metal resources and Cathode materials for lithium ion batteries with global competitiveness in these metals and Cathode materials and a recycling business. This means the company grows bigger and stronger, further stepping into the capital market. As of 2025, we will become a manufacturer of Cathode materials for lithium ion batteries and a listed company with outstanding competitive advantages in the comprehensive utilization and development of metal resources.