Core Viewpoint - The company plans to invest up to 1 billion RMB in the construction of a new materials project in Jiangsu Province, focusing on high-performance products for battery thermal runaway protection, refractory materials, and electronic components [1] Investment Details - The investment will be allocated as follows: approximately 360 million RMB for infrastructure (including land auction costs), around 240 million RMB for equipment, and about 400 million RMB for working capital [1]