Core Viewpoint - The collaboration between Guoen Co., Ltd. and Hong Kong City University focuses on developing photovoltaic cooling enhancement and seawater lithium extraction technologies, marking a significant step in green energy materials research and development [1][2]. Group 1: Project Overview - The project aims to address the challenges of cooling photovoltaic panels and developing a low-energy lithium extraction system from seawater [1]. - The core technologies include "photovoltaic cooling enhancement" and "low-energy lithium extraction," which are designed to improve efficiency and sustainability in energy production [1][2]. Group 2: Financial Aspects - The initial funding for the project is expected to be 26.7 million HKD from both parties, matched by the Hong Kong government [2]. - The company anticipates that the agreement will not significantly impact its current financial performance, with future effects dependent on project progress [2]. Group 3: Company Background - Guoen Co., Ltd. specializes in the research, production, and sales of plastic raw materials, modified plastics, and composite materials, with ongoing expansion in domestic and international capacities [3]. - The company is progressing with its Hong Kong IPO, with funds primarily allocated for the construction of a base in Thailand and technological upgrades in Hong Kong [3]. - Financial data indicates that in the first half of 2025, the company achieved a total revenue of 9.754 billion CNY, a year-on-year increase of 4.58%, and a net profit of 346 million CNY, up 25.94% [3].

Group 1 - The company plans to establish a wholly-owned subsidiary, Guangdong Pulite New Materials Co., Ltd., with a registered capital of 200 million yuan to enhance market competitiveness and accelerate strategic development [2] - The company intends to invest in the construction of a headquarters and R&D manufacturing base for modified plastic materials in Nansha, Guangdong, focusing on high-performance composite materials such as modified PP, ABS, PA, PC, PEEK, PPS, LCP, and carbon fiber reinforced materials [2] - The board of directors approved the termination of the investment project for sodium-ion and lithium-ion battery production in Liuyang, Hunan, due to changes in the macro environment and intensified competition in the lithium battery industry [2] Group 2 - The board meeting was held on June 25, 2025, with all members ensuring the accuracy and completeness of the announcement [1] - The company has a stable and mature market in Guangdong, with quality upstream and downstream resources, making it an ideal location for the South China market [1] - A second temporary shareholders' meeting is scheduled for July 17, 2025, to review the board's resolutions [2]