Core Viewpoint - The company announced a strategic agreement with LG Chem to jointly develop innovative polymer materials for composite fluid applications, aiming to enhance its position in the global lithium battery materials market [1] Group 1: Company Developments - The company's subsidiary, Jiangsu Yinglian Composite Fluid Co., Ltd., will collaborate with LG Chem under the "Yinglian-LG Chem" joint laboratory strategic agreement [1] - The agreement is expected to positively influence the company's future operational development, although it will not have a significant impact on the current year's financial performance [1] Group 2: Industry Implications - The collaboration aims to accelerate the company's entry into the global lithium battery innovation materials market, which is a growing sector within the industry [1]