Core Viewpoint - The company plans to invest 300 million yuan in a project to produce 10,000 tons of high-purity composite zirconia for new energy batteries annually, enhancing its influence and competitiveness in the new energy sector [1] Investment Project - The project will be constructed by the wholly-owned subsidiary, Jiaozuo Dongzhuo New Materials Co., Ltd., with an estimated construction period of 32 months [1] - The project will be developed in two phases: the first phase will produce 5,000 tons per year of high-purity composite zirconia, and the second phase will also produce 5,000 tons per year [1] Funding and Strategic Development - The funding for the project will come from the company's own funds or self-raised funds [1] - This initiative aims to extend the company's operations downstream, aligning with its subsidiary, Qinyang Dongzhuo New Materials Technology Co., Ltd., which has a project to produce 60,000 tons of new energy battery-grade chlorinated zirconia annually [1]