Core Viewpoint - The company announced an adjustment to the implementation schedule of its fundraising investment project, which will not materially affect its normal operations and existing project plans [1] Group 1: Project Funding and Progress - On November 30, 2022, the company raised 1.56 billion yuan from specific investors for a project aimed at producing 100,000 tons of power and energy storage battery foil and for supplementing working capital [1] - As of September 30, 2025, the cumulative investment in the project reached 690 million yuan, representing a progress rate of 57.46% [1] Group 2: Project Timeline Adjustment - Due to geological conditions, power supply support, and equipment supply issues, the project timeline has been delayed, with the expected operational date adjusted from December 31, 2025, to September 30, 2026 [1]

Core Viewpoint - The company is advancing its 100,000-ton power and energy storage battery foil project, with main equipment entering the debugging phase, which will enhance its aluminum foil production capacity to 255,000 tons, further solidifying its integrated aluminum processing industry chain [1] Group 1: Project Development - The main equipment for the 100,000-ton power and energy storage battery foil project has begun debugging, with remaining supporting equipment to be installed and debugged subsequently [1] - Upon completion, the company will achieve a total aluminum foil capacity of 255,000 tons, in addition to the existing 260,000 tons of aluminum plate and strip capacity [1] Group 2: Product Innovation - The company is focusing on the new materials sector, enhancing research and development to drive product innovation and process improvements [1] - New products developed include high elongation battery aluminum foil and high-dielectric battery aluminum foil, with the former already validated by customers and in mass supply, while the latter is entering small batch supply [1] Group 3: Market Expansion - The company is actively expanding into high-end packaging, photovoltaic high barrier films, and conductive films for automotive dimming skylights, fostering growth in its functional film business [1]