Group 1 - The company is establishing a joint venture named Shanxi Suotong Huayang Carbon Materials Co., Ltd. to enhance its production capacity and market share in the carbon materials sector [26][28][30] - The total estimated investment for the project is not to exceed 900 million RMB, with the company contributing 306 million RMB for an 85% stake [26][28][36] - The project aims to produce high-current density energy-saving carbon materials and waste heat power generation, primarily supplying products to a subsidiary of Huayang Group [44][45] Group 2 - The joint venture agreement has been approved by the company's board and does not require shareholder approval [29][62] - The project is currently in the preparatory stage, with various regulatory approvals pending, including antitrust reviews [27][46][48] - The establishment of the joint venture is expected to strengthen the company's position in the carbon materials market and improve operational efficiency [45][44] Group 3 - The company’s shareholder, Ningbo Ningju Asset Management Center, has reduced its stake to 4.999995%, no longer qualifying as a major shareholder [51][54] - This reduction in shareholding was part of a previously disclosed plan and does not affect the control structure of the company [52][55] - The company will continue to monitor shareholder activities and comply with relevant disclosure obligations [55]