Core Viewpoint - Jiangsu Weilan Lithium Chip Group Co., Ltd. announced an investment of $20 million to acquire a 5.95% stake in PT INDONESIA QINGMEI ENERGY MATERIALS, aiming to deepen cooperation with Greeenmei and ensure diverse overseas raw material supply [2][5] Group 1: Investment Details - The investment will increase the registered capital of the target company to $33.59594 million, diversifying its shareholding structure [4] - Prior to the investment, GEM Jiangsu held 99.10% of the target company, while NEW HORIZON held 0.90% [4] - After the investment, the shareholding will be: Eternal Oasis 32.52%, GEM Jiangsu 29.32%, MDK 11.16%, BDH 8.93%, and Weilan Lithium Chip 5.95% [4] Group 2: Company Background - GEM Jiangsu, established in December 2003, has a registered capital of 619 million yuan and projected 2024 revenue of 4.632 billion yuan with a net profit of 188 million yuan [3] - NEW HORIZON, founded in July 2018, has a registered capital of $1 and is expected to generate 2024 revenue of $552 million with a net profit of $178 million [3] - The target company, established in November 2023, has total assets of 3.789 billion yuan and net assets of 723 million yuan as of June 30, 2025 [3] Group 3: Strategic Importance - The investment is part of a strategic partnership with Greeenmei, a key supplier of lithium battery materials, enhancing the company's overseas raw material supply diversity [5] - The target company has established production lines for nickel sulfate crystals and high-nickel ternary precursors, contributing to the downstream nickel resource industry chain [4]

Core Viewpoint - Company Blue Lithium has agreed to participate in an equity increase of the Greenmei Indonesia project, investing $20 million to acquire a 5.95% stake in PT INDONESIA QINGMEI ENERGY MATERIALS. This investment aims to build a nickel resource downstream industrial chain to address challenges posed by global tariff trade wars and meet the demands of the US and European markets, enhancing the competitiveness of its products in the global market [1]. Group 1 - Company Blue Lithium will invest $20 million in the Greenmei Indonesia project [1] - The investment will result in a 5.95% equity stake in PT INDONESIA QINGMEI ENERGY MATERIALS [1] - The purpose of the investment is to strengthen the nickel resource downstream industrial chain in response to global trade challenges [1]