King Longyu: A subsidiary under its control plans to invest in the construction of a 2GWh solid-state battery production line project, with a total investment of approximately 1.2 billion yuan.

Golden Dragon Feather Announcement: The company's holding subsidiary, Golden Dragon Feather New Energy (Shenzhen) Co., Ltd., plans to invest in and construct a solid-state battery production line project with an annual production capacity of 2GWh in Dapeng New District, Shenzhen. The total estimated investment of the project is approximately 1.2 billion yuan.