Core Viewpoint - The strategic restructuring of ShuiFa Power aims to enhance the company's core competitiveness and align with national energy transition and industrial upgrading trends [4][5]. Group 1: Strategic Objectives - The meeting focused on the strategic integration and upgrading of ShuiFa Power's subsidiaries to strengthen its main responsibilities in power transmission and transformation [2][4]. - The restructuring is intended to consolidate dispersed resources and create a collaborative development framework, leading to a clear and complementary product system [4]. Group 2: Key Action Areas - The company will focus on six key areas to drive growth: 1. Market-driven growth by securing high-tech and high-value orders [5]. 2. Efficiency improvements through meticulous cost management and process optimization [5]. 3. Quality enhancement by embedding a "zero-defect" philosophy in all processes [5]. 4. Resource efficiency to ensure timely delivery of orders [5]. 5. Building a cohesive team environment with strong leadership [5]. 6. Maintaining discipline and safety to foster a clean and fair development atmosphere [5]. Group 3: Leadership and Commitment - The leadership emphasized the importance of aligning thoughts and actions with the group's strategic deployment to seize opportunities and tackle challenges [5]. - ShuiFa High-Tech, as the direct management platform, is committed to transforming integrated advantages into developmental strengths [5].

Group 1 - The company has established a complete solid-state battery layout, covering key areas such as sulfide electrolytes, raw materials, oxide electrolytes, and lithium metal anodes [1] - The company is advancing both silicon-based and lithium metal anode routes simultaneously, achieving a breakthrough of 800 cycles for a 400Wh/kg battery, which has completed engineering validation [1] - The first 500Wh/kg level 10Ah product has achieved small-scale production [1] Group 2 - The silicon-based system has achieved a gradient layout of products ranging from 320Wh/kg to 450Wh/kg, with the 320Wh/kg cell achieving over 1000 cycles [1] - The company aims to leverage its integrated upstream and downstream industrial advantages, continuously increasing R&D efforts to promote the commercialization of solid-state batteries [1] - The company is focused on facilitating energy transition and industrial upgrading through its advancements in solid-state battery technology [1]