Core Viewpoint - The strategic partnership between Dongfang Risheng and WEG marks a significant step in global energy transition and optimization, with a total capacity of 3GWh for energy storage systems, enhancing their competitive advantage in the global energy storage market [1] Group 1: Strategic Partnership - Dongfang Risheng signed a strategic cooperation agreement with WEG to provide advanced energy storage solutions from 2026 to 2028 [1] - This collaboration signifies a shift from regional cooperation to a global strategic layout, enhancing both companies' positions in the energy storage sector [1] - WEG, a leading electrical equipment manufacturer in Latin America, recognizes Dongfang Risheng's core technological strength and global delivery capabilities [1] Group 2: Recent Achievements - Dongfang Risheng has successfully delivered a 2MW/10MWh energy storage project in Japan and signed a contract for 100 iCon commercial energy storage units in Belgium [2] - The iCon 125kW/261kWh liquid-cooled energy storage cabinet received certification in Italy, showcasing the company's technological prowess and global market expansion capabilities [2] - The company has established a comprehensive value chain in the energy storage sector, covering research, production, sales, and service [2] Group 3: Market Potential - The global energy storage system market is projected to grow from $668.7 billion in 2024 to $5.12 trillion by 2034, with a CAGR of 21.7% from 2025 to 2034 [3] - Dongfang Risheng has developed a matrix of three scenario-based solar storage solutions, covering residential, commercial, and large-scale solar storage projects [3] - The company aims to provide a one-stop, full-chain service for global customers, enhancing its market presence [3] Group 4: Global Expansion - Dongfang Risheng has built a stable and efficient integrated production and sales system, covering over 90 countries and regions [4] - The company focuses on a four-dimensional development strategy: market globalization, manufacturing globalization, capital globalization, and talent globalization [4] - The ongoing high demand in the energy storage industry presents significant growth opportunities for Dongfang Risheng, allowing it to strengthen its competitive barriers [4]

Group 1 - The company, Lingpai Technology, announced the intention to publicly transfer 100% equity of its wholly-owned subsidiary, Guangdong Dazhi Chemical Technology Co., Ltd. (Dazhi Chemical), which is currently the only subsidiary engaged in surface engineering chemicals business [1] - The strategic direction of the company is shifting to focus more on energy storage batteries and systems, as well as integrated EPC services for energy storage, photovoltaic energy storage, and charging [1] - According to an assessment by Zhongwei Zhengxin (Beijing) Asset Appraisal Co., Ltd., the total equity value of Dazhi Chemical as of the assessment benchmark date of March 31, 2025, is estimated at 68.4358 million yuan [1] Group 2 - The public transfer will be based on the assessed value, with a starting price of 68.4358 million yuan, and the final transaction price will depend on the results of the public transfer [1] - Upon completion of the equity transfer, the company will no longer hold any equity in Dazhi Chemical, and Dazhi Chemical will be excluded from the company's consolidated financial statements [1]

Core Viewpoint - The company, Lingpai Technology, is planning to publicly transfer 100% equity of its wholly-owned subsidiary, Guangdong Dazhi Chemical Technology Co., Ltd., to focus more on the development of energy storage batteries and integrated renewable energy services [1] Group 1 - Lingpai Technology holds 100% equity in Dazhi Chemical, which is the only subsidiary engaged in surface engineering chemicals within the company's structure [1] - The decision to transfer the subsidiary is part of the company's strategic transformation towards renewable energy services, including energy storage and photovoltaic integration [1] - The assessed value of Dazhi Chemical's total equity is approximately 68.44 million yuan, based on an evaluation by Zhongwei Zhengxin (Beijing) Asset Appraisal Co., Ltd. as of March 31, 2025 [1] Group 2 - The public transfer will be based on the assessed value, with a minimum transfer price set at 68.44 million yuan, and the final transaction price will depend on the public listing results [1] - Upon completion of the equity transfer, Lingpai Technology will no longer hold any shares in Dazhi Chemical, and the subsidiary will be excluded from the company's consolidated financial statements [1]

Core Viewpoint - Lingpai Technology is shifting its strategic focus towards energy storage batteries and related services, leading to the decision to divest its subsidiary, Dazhi Chemical, which specializes in surface engineering chemicals [3]. Group 1: Business Composition - For the year 2024, Lingpai Technology's revenue composition is as follows: 62.27% from the energy storage battery business, 36.81% from surface engineering chemicals, and 0.92% from other sources [1]. Group 2: Subsidiary Divestment - Lingpai Technology announced the intention to publicly transfer 100% equity of its wholly-owned subsidiary, Dazhi Chemical, as part of its strategic transformation [3]. - Dazhi Chemical is the only subsidiary within the company engaged in surface engineering chemicals [3]. - The assessed value of Dazhi Chemical's equity is approximately 68.44 million yuan, with the public transfer starting at this valuation [3].

Group 1: Company Overview and Strategy - The company focuses on lithium-ion battery products and aims to improve its market position and operational status before pursuing new technologies like solid-state batteries [2][3][5][11]. - The company has a strategic development plan emphasizing "one body, two wings, dual-engine drive," concentrating on energy storage batteries and comprehensive new energy services [12][13]. Group 2: Solid-State Battery Development - The company previously invested in solid-state battery technology from 2019 to 2022 but currently has no ongoing projects or new patents in this area [3][5][7]. - There are no existing production processes or capabilities for solid-state batteries, and the company has not authorized any patents related to this technology [3][5][7]. Group 3: Investor Concerns and Communication - The company assures compliance with information disclosure laws and emphasizes the accuracy and timeliness of its communications to investors [4][6][8]. - Concerns were raised regarding the sudden announcement of the cessation of solid-state battery projects and its potential impact on stock prices, especially following significant shareholder actions [8][12]. Group 4: Financial Performance and Future Outlook - The company has received a prepayment of 17.6175 million yuan for a contract with Xinjiang Kehui Electric, which is expected to positively impact its 2025 financial performance [9]. - The company is focused on enhancing its core business and expanding its market reach to ensure better performance and returns for investors [12][13].