Core Insights - Fuao Smart Energy Technology Co., Ltd. has made significant progress in attracting strategic investors, marking a key step in enhancing its battery recycling industry layout [1] - The strategic investment agreement with Jilin Green Power Automotive Industry Private Equity Investment Fund will provide Fuao Smart with both financial and resource support, facilitating its growth in the battery recycling sector [2] Financial Aspects - The investment of 20 million yuan will effectively supplement Fuao Smart's operational funds, ensuring robust financial backing for technology research, capacity expansion, and market development in the battery recycling field [2] - Following the capital increase, Fuao Smart's registered capital will rise from 65 million yuan to 83.6794 million yuan, optimizing its equity structure while maintaining Fuao's absolute control with a 77.68% shareholding [1] Strategic Collaboration - The Green Power Fund is not a typical financial investor; it is established to support the development of the power battery recycling sector in alignment with the strategic goals of China FAW Group, providing deep automotive industry resources and strategic synergy [1] - The collaboration aims to foster comprehensive cooperation in the battery recycling industry, exploring paths for technological innovation and business model upgrades, which could lead to significant advancements for Fuao Smart and contribute to the construction of a green circular ecosystem in the automotive industry [2]

Core Viewpoint - Fawer Co., Ltd. has successfully introduced a strategic investor, Jilin Green Power Automotive Industry Private Equity Investment Fund, through a public offering, raising 20 million yuan to enhance its battery recycling industry chain layout and build a complete battery recycling ecosystem [2][3]. Group 1: Investment Details - Fawer Co., Ltd. approved the capital increase for its wholly-owned subsidiary, Fawer Smart Energy Technology Co., Ltd., on September 28, 2025, with a capital increase amount set at 20 million yuan [2]. - The investment from the Green Power Fund will be used to expand the material recycling business based on existing battery utilization [2][4]. Group 2: Capital Structure Changes - Following the capital increase, Fawer Smart's registered capital will change from 65 million yuan to 83.6794 million yuan, with Fawer Co., Ltd. holding 77.68% and the Green Power Fund holding 22.32% [3]. - The capital increase will convert Fawer Smart from a wholly-owned subsidiary to a controlling subsidiary, while the consolidation scope of Fawer Co., Ltd. remains unchanged [3]. Group 3: Financial Assessment - As of the capital increase assessment date of July 31, 2025, Fawer Smart's net assets were evaluated at 69.5907 million yuan, with the final capital increase price set at 1.0707 yuan per registered capital [4]. - The funds raised will primarily support the operation and development of Fawer Smart's main business and are restricted from being used for non-operational expenditures [4].

Core Viewpoint - The company aims to enhance its battery recycling industry chain by expanding into material regeneration, supporting the establishment of a complete battery recycling ecosystem through strategic investment [1] Group 1: Company Actions - The company announced a capital increase of 20 million yuan to attract strategic investors for its subsidiary, Fuao Smart Energy Technology Co., Ltd. [1] - The investment will be based on an assessment value confirmed by the state-owned assets supervision and administration department [1] - After the investment party is finalized, the company and Fuao Smart will sign a capital increase agreement and other related transaction documents [1] Group 2: Industry Context - The move is part of the company's strategy to build a closed-loop development in the battery recycling industry [1] - The focus on material regeneration aligns with the growing emphasis on sustainable practices within the energy sector [1]

Core Viewpoint - The company is enhancing its battery recycling industry chain by expanding into material regeneration, aiming to create a complete battery recycling ecosystem through strategic investments [1] Group 1: Company Actions - The company announced a plan to introduce strategic investors through a public listing to support its subsidiary, Fuao Smart Energy Technology Co., Ltd., in developing a complete battery recycling ecosystem [1] - The capital increase amount is set at 20 million yuan, with the investment price based on an evaluation confirmed by the state-owned assets supervision and administration department [1] - After the investment party is finalized, the company and Fuao Smart will sign a capital increase agreement and other related transaction documents [1]