Core Viewpoint - Sileck's wholly-owned subsidiary Suzhou Xianlai has signed a cooperation agreement with South Korea's Dongwon Systems to establish a joint venture in China with a registered capital of 10 million USD to engage in battery shell business [1] Group 1: Joint Venture Details - The initial investment from Dongwon Systems is 750,000 USD, with further investment progress to be agreed upon in a separate agreement [1] - Dongwon Systems will provide technical support for the joint venture [1] Group 2: Company Guarantees and Financials - Sileck provides an irrevocable and unconditional guarantee for Suzhou Xianlai's obligations related to the joint venture [1] - As of the announcement date, the company's guaranteed amount in the consolidated financial statements for 2025 is 1.92 billion CNY, with the actual guarantee amount being approximately 994.64 million CNY [1] - There are no off-balance-sheet guarantees or overdue guarantees reported [1] Group 3: Market Implications - This investment is expected to help the company expand its presence in the new energy structural components market and enhance its business layout [1] - The project faces uncertainties due to various influencing factors [1]

Core Viewpoint - The company has signed a Memorandum of Understanding with Dongwon Systems Corporation to establish a joint venture aimed at expanding the cylindrical and square battery shell business in the US and European markets [1] Group 1 - The collaboration is a framework document and does not involve specific financial amounts [1] - The partnership is expected to have no significant impact on the company's operating performance in 2025 [1] - This cooperation is beneficial for advancing the company's overseas battery shell business and enhancing its influence and international development level in the new energy battery shell market [1]