[LFP: Hunan Yuneng's Operational Status]

During a survey with institutions, Hunan Yuneng stated that the company currently has full orders on hand, and the capacity utilization rate remains at a good level. As of the end of 2023, the company's designed production capacity is about 700,000 mt. In the future, the company will consider the pace of capacity construction based on market demand, mainly including the Yunnan base, Guizhou base, and overseas projects. The price of raw material lithium carbonate has been narrowly fluctuating recently, and the company's inventory cycle remains at a normal level to ensure smooth production and operation.