Group 1 - The company plans to list H-shares on the Hong Kong Stock Exchange to open overseas financing channels and support future international business development [2] - The H-share listing is not expected to significantly impact the A-share market [2] - The company is actively discussing with intermediaries regarding the details of the H-share issuance and listing [2] Group 2 - In 2024, the company achieved a revenue of 33.2 billion yuan, a year-on-year increase of 8.75%, and a net profit of 1.02 billion yuan, up 9.19% [3] - The net cash flow from operating activities for 2024 was 3.055 billion yuan, reflecting a significant year-on-year growth of 41.14% [3] - In Q1 2025, the company reported a revenue of approximately 9.496 billion yuan, a 13.67% increase year-on-year, and a net profit of about 511 million yuan, up 12.1% [3] Group 3 - The company sees a balanced future market for ternary batteries and lithium iron phosphate (LFP&LMFP) batteries, each thriving in their respective advantageous markets [4] - Ternary batteries are recognized for their high capacity, long range, and superior circular economy performance, with a growing trend in global mid-to-high-end vehicle configurations [4] - The company remains optimistic about the value of rare metals like nickel, cobalt, and lithium in the recycling of ternary battery materials and their unique advantages in low-altitude economy and solid-state battery applications [4]

Group 1 - Company plans to list H-shares on the Hong Kong Stock Exchange to enhance overseas financing channels and support international business development [1] - The H-share listing is expected to have minimal impact on the A-share market [1] - The company is in discussions with intermediaries regarding the specifics of the H-share issuance and listing [1] Group 2 - In 2024, the company achieved revenue of 33.2 billion, a year-on-year increase of 8.75%, and a net profit of 1.02 billion, up 9.19% [2] - The net cash flow from operating activities for 2024 was 3.055 billion, reflecting a significant increase of 41.14% [2] - In Q1 2025, the company reported revenue of approximately 9.496 billion, a 13.67% increase year-on-year, and a net profit of about 511 million, up 12.1% [2] Group 3 - The company anticipates a balanced market for ternary batteries and lithium iron phosphate (LFP&LMFP) batteries, each thriving in their respective market segments [3] - Ternary batteries are expected to dominate in high-capacity and long-range applications, particularly in the global automotive power battery market [3] - The company remains optimistic about the growth of ternary batteries globally and their increasing prevalence in mid-to-high-end vehicles [3]