Core Viewpoint - Tianqi Co., Ltd. plans to introduce Qingdao Huatie Fund as an investor in its wholly-owned subsidiary, Jiangxi Tianqi Jintai Ge Cobalt Co., Ltd., through a capital increase and share expansion, raising a total of RMB 70 million for a 2.8% equity stake [1][2] Group 1: Investment Details - Qingdao Huatie Fund will invest RMB 70 million to acquire 2.8% of Tianqi Jintai Ge's equity, with RMB 360,082.4 allocated to registered capital and the remaining RMB 66,639,917.6 to capital reserves [1] - Following the investment, Tianqi Jintai Ge's registered capital will increase from RMB 125 million to RMB 129 million, reducing Tianqi Co., Ltd.'s ownership from 100% to 97.2% [1][2] Group 2: Strategic Importance - Tianqi Jintai Ge is a core subsidiary focused on the recycling of lithium batteries, including ternary lithium batteries and lithium iron phosphate batteries, with leading capacity, technology, and channel development in the industry [2] - The investment aligns with Tianqi Co., Ltd.'s long-term strategic goals to enhance financial strength and consolidate its core competitiveness in the lithium battery recycling industry [2] Group 3: Partner Profile - Qingdao Huatie Fund is a specialized investment fund under Shandong Railway Investment Holding Group, which has diversified operations in high-speed rail investment, fund management, and various sectors including new energy and modern logistics [2] - The partnership aims to leverage Shandong Railway Investment Holding Group's resources and expertise in the new energy and storage sectors to achieve mutual benefits in lithium battery recycling [2]