Core Viewpoint - The company, Fawer Automotive Parts Co., Ltd., has approved a capital increase for Fawer Smart Energy Technology Co., Ltd. to enhance its full industry chain layout of "cascading utilization + recycling utilization" despite previous plans being halted due to low lithium carbonate prices [1] Group 1: Capital Increase Details - The capital increase amount is set at 20 million yuan, with the share price based on the valuation approved by state-owned assets departments [1] - Fawer Smart Energy is currently 100% owned by Fawer Automotive, with total equity reported at 80.1545 million yuan as of June 30, 2025 [1] Group 2: Strategic Intent - The purpose of the capital increase is to improve the company's strategic positioning in the energy sector, focusing on both cascading and recycling utilization [1] - The company plans to introduce strategic investors through public listing, although the implementation of this plan carries uncertainties [1]