Dao Technology: Currently, the company holds a secure reserve of cobalt raw materials.

On September 24, Daoshi Technology stated on the interactive platform that starting from October 16, 2025, Congo will replace the months-long cobalt export ban with an export quota system. The implementation of the quota system is expected to maintain long-term stability in the future cobalt price. The company is closely monitoring the detailed allocation rules of the quotas and actively communicating with local regulatory authorities. Currently, the company has a safe inventory of cobalt raw materials. In the future, with the lifting of the cobalt export ban in Congo, if the company can obtain the corresponding quota, combined with the expansion and release of production capacity, as well as the maintenance of a good cobalt price level, it is expected to provide reliable guarantee for the overall performance. Specific quotas are subject to implementation rules.