Core Viewpoint - The company aims to establish a circular manufacturing model by effectively separating and purifying valuable resources from waste battery materials, thereby enhancing the lithium-ion battery recycling value chain [1] Group 1 - The company, Baichuan Co., Ltd. (stock code: 002455), responded to investor inquiries on October 21 regarding its focus on circular manufacturing [1] - The company is analyzing the changes in the properties of waste battery materials to recover valuable resources [1] - The initiative is part of a broader strategy to connect the entire lithium-ion battery recycling value chain [1]