Core Viewpoint - The strategic cooperation agreement between Fulin Precision (富临精工) and CATL (宁德时代) aims to enhance collaboration in the lithium battery materials sector and expand into innovative fields such as automotive and robotics [1][2][4]. Group 1: Strategic Cooperation - Fulin Precision and its subsidiary Jiangxi Shenghua signed a strategic cooperation agreement with CATL, where CATL will invest RMB 400 million to acquire an 18.74% stake in Jiangxi Shenghua [1]. - The partnership builds on an existing long-term relationship in lithium battery materials, with Jiangxi Shenghua being a leader in the iron phosphate lithium battery sector [2]. - The agreement aims to leverage each party's expertise and resources to foster sustainable development and innovation within the new energy industry [4]. Group 2: Business Expansion - Fulin Precision's main business includes the research, production, and sales of automotive engine components, smart electric control for new energy vehicles, and lithium battery cathode materials [6]. - The company projects a net profit of RMB 370 million to RMB 450 million for 2024, a significant recovery from a loss of RMB 543 million in the previous year [6]. - Fulin Precision is actively expanding into the robotics sector, planning to establish a project company focused on robotic application systems and related services [6].