Starry Material: The company established an industry fund with professional investment institutions, with a total subscribed capital of 151 million yuan.

Star Source Material Announcement, the company, along with Yuanzhi Energy Storage, Kefa Capital, New Energy Storage, and Industrial Investment, jointly invested in setting up an industrial fund, with a planned subscribed scale of 500 million yuan. The company, as a limited partner, plans to subscribe with its own funds of 151 million yuan, accounting for 30.20%; Industrial Investment plans to subscribe with 98 million yuan, accounting for 19.60%; New Energy Storage plans to subscribe with 249 million yuan, accounting for 49.80%; General partners Yuanzhi Energy Storage and Kefa Capital each plan to subscribe with 1 million yuan, accounting for 0.20% each. The industrial fund will mainly invest in key projects in the entire industry chain of new energy storage.