Core Viewpoint - The company has decided to terminate its plan to issue H-shares and list on the Hong Kong Stock Exchange, focusing instead on strategic partnerships with key investors to enhance its position in the lithium battery industry [1][4]. Group 1: Company Decisions - The company announced the termination of its plan to issue H-shares and list on the Hong Kong Stock Exchange during its eighth meeting [1]. - The company signed strategic cooperation agreements with Zhongxin Innovation and Huayou Holding Group to introduce them as strategic investors through a specific A-share issuance [4]. Group 2: Strategic Partnerships - Zhongxin Innovation is one of the fastest-growing companies in the global power and energy storage battery sector, with a 22.7% year-on-year increase in power battery installation volume, reaching 21.8 GWh in the first half of 2025, ranking fourth globally and third domestically [4]. - Huayou Holding Group is a major supplier of lithium battery cathode materials and ternary precursor products [5]. Group 3: Strategic Goals - The collaboration aims to deepen industry chain cooperation and accelerate the company's strategic goal of becoming a leading global player in lithium battery new energy materials [6].