Minggu Investment Group: Plans to invest 929 million yuan to build a project with an annual production capacity of 30,000 tons of lithium-ion battery cathode materials.

Mengguli Announcement: The company plans to invest 929 million yuan to construct a project with an annual output of 30,000 tons of lithium-ion battery cathode materials. The first phase of the project will have an investment of 737 million yuan, while the second phase will have an investment of 192 million yuan. After the project is completed, it is expected to produce 5,000 tons of high-voltage lithium cobalt oxide, 10,000 tons of NCA materials, and 15,000 tons of ultra-high nickel ternary materials annually. The project funds will come from the company's own funding and fundraising, with a construction period of 36 months and planned in two phases, with the first phase lasting 21 months and the second phase lasting 15 months.