Zhuhai Guanyu: plans to invest 2 billion yuan in the implementation of a new lithium battery production construction project.

Zhuhai Guanyu announcement: The company plans to implement a new lithium battery production project with a total investment of approximately 2 billion yuan using its own funds. The project will be used to construct a new steel shell production line. The project is located in Doumen District, Zhuhai City, with an estimated investment amount of 2 billion yuan, and the funds will come from the company's own funds. The project construction period is expected to be 12 months, aiming to enhance the company's core competitiveness, meet customer demands, and consolidate and expand market share. This investment will not have any impact on the company's daily fund turnover, business, and operational independence. It will also not have any adverse effects on the financial and operational conditions.