Investment Overview - The company has approved an investment cooperation agreement with the local government of Wuxing District, Huzhou City, Zhejiang Province, to invest in new lithium battery pilot and industrialization projects, as well as smart motor industrialization projects, with a total planned investment of approximately 300 million yuan [1]. Impact of the Agreement - The investment projects align with national industrial policies and development requirements, helping the company leverage resource advantages, expand its business in the lithium battery and smart motor sectors, and enhance its core competitiveness and industry influence [1]. - The investment is consistent with the company's overall strategic development layout, promoting better business development, optimizing the industrial structure, enriching the product line, reducing operational costs, and improving economic benefits [2]. Long-term Considerations - The construction period for the investment projects is relatively long, and they are unlikely to generate significant economies of scale in the short term, meaning there will be no major impact on the company's operating performance in the current year [2]. - The long-term impact on the company's returns will depend on the execution of the investment plan, project implementation, and market development conditions [2]. Funding and Execution Risks - The funding for the investment will come from the company's own funds and self-raised funds, and there is uncertainty regarding whether the investment funds will be available on time [3]. - The implementation of the investment project requires various approvals, and changes in national or local policies could lead to modifications, delays, or termination of the project [2][3].