Core Viewpoint - The company is actively advancing the research and pilot testing of solid electrolyte materials, focusing on mainstream technology routes such as oxides and high-purity lithium sulfide [1] Group 1: R&D Progress - The company is currently in the pilot testing phase for some products and in the laboratory performance testing stage for others [1] - Key activities include optimizing material synthesis processes, controlling batch stability, assessing scalability, and validating key performance indicators [1] Group 2: Challenges and Strategies - The industrialization of solid electrolytes faces common challenges such as high process complexity, cost control difficulties, and interface engineering issues [1] - The company adheres to a prudent R&D strategy to ensure the feasibility of the technology route and its future commercialization potential [1] Group 3: Future Development - The company plans to advance development based on the maturity of validation, aiming to accelerate the transition from technical validation to industrial application [1] - All significant R&D progress will be disclosed in a timely manner in accordance with regulatory requirements [1]

Core Viewpoint - The company is actively enhancing its competitive edge in lithium hexafluorophosphate production and solid-state electrolyte research, with plans for capacity expansion and increased collaboration with downstream customers [1][1][1] Group 1: Lithium Hexafluorophosphate Production - The current production capacity of lithium hexafluorophosphate at Shilei Fluorine Materials is 24,000 tons per year, with plans to increase this to 36,000 tons per year by the end of 2025 following technological upgrades [1][1][1] - The company is considering further expansion plans based on market demand after the initial capacity increase [1] Group 2: Solid-State Electrolyte Research - The company has invested years into solid-state electrolyte research, with over 30 patent applications related to this field [1][1][1] - A subsidiary, Shenzhen Xinyuanbang Technology Co., Ltd., has established a comprehensive research, testing, and production platform for solid-state electrolyte materials, achieving mass production at a scale of hundreds of tons [1][1][1] - Positive customer feedback has been received, and the company is actively collaborating with downstream customers to advance industrial applications [1] Group 3: Semiconductor Chemicals - The company has built trust with numerous mainstream customers in the semiconductor chemicals sector through its experience in fine electronic chemicals, high-quality products, and a robust quality management system [1][1][1] - The categories, shipment volumes, and sales of semiconductor chemicals are steadily increasing [1] - The company's fluorinated cooling liquid products are primarily used for semiconductor chip process cooling and data center immersion cooling, supported by strong technical capabilities and sufficient production capacity [1][1][1]