【Hangzhou to Invest in and Build R&D and Industrialisation Base for Solid-State Batteries】Ganfeng Lithium signed the Framework Cooperation Agreement and the Strategic Cooperation Agreement with the People's Government of Gongshu District, Hangzhou, and Hangzhou Energy Group Co., Ltd., respectively. The three parties will leverage their respective strengths, complement each other's resources, and collaborate on industrial cultivation and long-term development, establishing a win-win long-term strategic partnership. Ganfeng Lithium intends to invest in and build a high specific energy solid-state battery R&D and industrialisation base in Gongshu District, Hangzhou, focusing on cooperation in areas such as transportation electrification and the expansion of the new energy industry. This cooperation aims to leverage the strengths of all parties to establish a strategic cooperation mechanism, build a green energy system, improve the company's industry chain, and enhance its competitiveness and profitability, aligning with the company's development strategy.