Core Viewpoint - The company aims to enhance its battery recycling industry chain by expanding into material regeneration, supporting the establishment of a complete battery recycling ecosystem through strategic investment [1] Group 1: Company Actions - The company announced a capital increase of 20 million yuan to attract strategic investors for its subsidiary, Fuao Smart Energy Technology Co., Ltd. [1] - The investment will be based on an assessment value confirmed by the state-owned assets supervision and administration department [1] - After the investment party is finalized, the company and Fuao Smart will sign a capital increase agreement and other related transaction documents [1] Group 2: Industry Context - The move is part of the company's strategy to build a closed-loop development in the battery recycling industry [1] - The focus on material regeneration aligns with the growing emphasis on sustainable practices within the energy sector [1]

Core Viewpoint - The company is enhancing its battery recycling industry chain by expanding into material regeneration, aiming to create a complete battery recycling ecosystem through strategic investments [1] Group 1: Company Actions - The company announced a plan to introduce strategic investors through a public listing to support its subsidiary, Fuao Smart Energy Technology Co., Ltd., in developing a complete battery recycling ecosystem [1] - The capital increase amount is set at 20 million yuan, with the investment price based on an evaluation confirmed by the state-owned assets supervision and administration department [1] - After the investment party is finalized, the company and Fuao Smart will sign a capital increase agreement and other related transaction documents [1]