Group 1 - The company, Nandu Power (SZ 300068), announced a capital increase of 500 million yuan to its subsidiary, Anhui Nandu Huatuo New Energy Technology Co., Ltd., to enhance its operational capabilities and industry competitiveness [1] - The capital increase will consist of 23.8095 million yuan added to the registered capital, with the remaining approximately 476 million yuan allocated to capital reserves [1] - Other shareholders of Nandu Huatuo have waived their preemptive rights for this capital increase [1] Group 2 - For the first half of 2025, Nandu Power's revenue composition is as follows: 48.18% from communication and data center energy storage, 27.68% from the resource recycling industry, and 24.14% from power storage [1] - As of the report date, Nandu Power's market capitalization stands at 14.2 billion yuan [1]

Company Overview - Nandu Power (SZ 300068) announced its ninth board meeting on December 12, 2025, which combined on-site and remote voting methods to review proposals including changes to the company's business scope and amendments to the articles of association [1] Financial Performance - For the first half of 2025, Nandu Power's revenue composition was as follows: industrial energy storage accounted for 48.18%, resource recycling industry for 27.68%, and power energy storage for 24.14% [1] - As of the report date, Nandu Power's market capitalization was 16.5 billion yuan [1]