Group 1: Lithium Battery Recycling and Production - Fengrong New Materials Co., Ltd. has established a 200,000-ton lithium battery physical recycling project, achieving a lithium recovery rate at the top level in China, with copper and aluminum recovery rates reaching 98% [1] - The company has added a new production line for recycling 10,000 tons/year of waste lithium batteries and another line for recycling 15,000 tons/year of waste battery electrodes, currently in trial operation [1] - The total processing capacity has reached 20,000 tons of waste lithium battery materials and 30,000 tons of waste battery electrode materials annually, significantly improving production efficiency and process quality [1] Group 2: Sodium-Ion Battery Development - The Zero One Four Company in Feicheng is producing sodium-ion battery cells on an intelligent production line, highlighting the low-cost advantage and extreme environmental adaptability of sodium-ion batteries [2] - Feicheng has formed a strategic partnership with Weichai Power to create a sodium-ion battery industry cluster worth billions, alongside the advancement of the first domestic 10,000-ton single-wall carbon nanotube conductive slurry project [2] - The new battery electrode materials industry cluster in Feicheng includes 137 enterprises, showcasing the growth of the new energy sector [2] Group 3: Salt Cavern Energy Storage - The China Electric Power Construction Group is developing a 2×300MW salt cavern compressed air energy storage project, utilizing a natural gas storage facility 1,300 meters underground with a total capacity of 900,000 cubic meters [3] - This project aims to act as an "electricity bank," storing energy during low demand and releasing it during peak demand, thus stabilizing grid fluctuations [3] - Feicheng is emerging as a significant base for salt cavern energy storage, with multiple projects recognized as major technological equipment in the energy sector, contributing to a total installed capacity of 3,480MW [3]

Core Viewpoint - Daoshi Technology announced an investment of $30 million in Brain Family Inc. to acquire minority shareholder rights, aiming to enhance its capabilities in the "AI + materials" strategy [1][4]. Group 1: Investment and Strategic Partnership - Daoshi Technology's subsidiary, Hong Kong Jiana, signed a Pre-B round preferred stock subscription agreement with Brain Family Inc. [1] - The investment will be finalized after approval from Brain Family's board and specific shareholders [1]. - The collaboration focuses on leveraging Brain Family's expertise in non-invasive brain-machine interface technology for applications in medical rehabilitation, educational technology, and human-computer interaction [4]. Group 2: Market Potential and Product Development - The global market for single-walled carbon nanotube conductive slurry is projected to grow from approximately 1.6 billion yuan in 2024 to 17.8 billion yuan by 2030 [4]. - Daoshi Technology plans to redirect 300 million yuan of unallocated fundraising to a project aimed at producing 120 tons of single-walled carbon nanotubes annually [4]. Group 3: Financial Performance - In the first half of 2025, Daoshi Technology reported a revenue of 3.65 billion yuan, a decrease of 11.64% year-on-year, while net profit attributable to shareholders increased by 108.16% to 230 million yuan [6][8]. - Research and development expenses saw a significant decline of 41.39% compared to the previous year, primarily due to reduced direct material inputs and personnel costs [8]. Group 4: Technological Advancements - Daoshi Technology has achieved breakthroughs in the mass production of advanced carbon materials, including carbon nanotubes and graphene, which are essential for Brain Family's smart bionic limbs that require high-sensitivity and biocompatible electrode materials [5][9]. - The company is advancing its capabilities in the lithium battery and carbon material supply chains, focusing on integrating research and production platforms for new materials [8].