Core Viewpoint - Tianjin Binhai Energy Development Co., Ltd. announced the signing of a contract for a lithium battery anode material project, valued at approximately 910 million yuan, which will enhance the production capacity of lithium battery anode materials [1] Group 1: Contract Details - The contract involves a phase two project for 50,000 tons/year of lithium battery anode material and an 82,000 tons/year graphite project [3] - The contract price is estimated at 910 million yuan (including tax), with the final cost to be determined upon settlement [3] - The scope of the contract includes construction, installation, and maintenance responsibilities [3] Group 2: Company Impact - The contract will facilitate the construction of the first phase of a 200,000 tons lithium battery anode material integration project, which is expected to be independent of the company's main business operations [4] - The board of directors approved the contract with unanimous support during the meeting held on August 27, 2025 [4] Group 3: Counterparty Information - Hebei Province Installation Engineering Co., Ltd. has a registered capital of 301 million yuan and is involved in various engineering services, with no prior related transactions with Tianjin Binhai Energy [2] - The counterparty has a good credit status and is capable of fulfilling the contract obligations [2]

Core Viewpoint - Binhai Energy's wholly-owned subsidiary, Inner Mongolia Xiangfu New Energy Co., Ltd., has appointed Hebei Province Installation Engineering Co., Ltd. as the general contractor for the "Phase II 50,000 tons/year lithium battery anode material front-end project and 82,000 tons/year lithium battery anode material graphitization project" [1] Group 1 - The project contract was signed on August 27, 2025, with an estimated total price of 910 million yuan (including tax) [1] - The signing of this contract will facilitate the construction of the first phase of the integrated project for producing 200,000 tons of lithium battery anode materials, which includes a capacity of 100,000 tons [1] - The contract will become effective after being signed or sealed by the legal representatives or authorized agents of both parties and after the approval procedures of Binhai Energy's board of directors are completed [1]