Core Viewpoint - The company is focusing on its vanadium project, which primarily produces vanadium pentoxide and ferric chloride, highlighting the potential for high-purity vanadium pentoxide to create low-impurity, stable, and cost-effective electrolyte solutions for high-performance vanadium batteries [1] Group 1 - The main products of the company's vanadium project are vanadium pentoxide and ferric chloride [1] - High-purity vanadium pentoxide can be used to produce ultra-pure and high-performance vanadium battery electrolytes with low impurity content and high stability [1] - The production cost of these high-performance electrolytes is lower compared to alternatives [1]

Group 1 - The company confirmed that its vanadium project primarily produces vanadium pentoxide and ferric chloride, with high-purity vanadium pentoxide being suitable for new energy battery applications, particularly vanadium batteries [2] - High-purity vanadium pentoxide is characterized by low impurity content, high product stability, and low production costs, making it an ideal component for ultra-pure, high-performance vanadium battery electrolytes [2]