[News Flash on the New Lead-acid Battery Project in Vietnam] It is understood that Shupai Power Supply Co., Ltd. announced at month-end December 2024 the official commencement of construction of its Shupai Power Supply Vietnam Co., Ltd. factory in Vietnam. In March 2025, the new project officially completed the topping-out ceremony for the office building and dormitory building. Currently, the Shupai Vietnam factory is under intensive construction. This project is a battery manufacturing project with an annual output capacity of 2.7 million kVAh, and it is expected to commence production in January 2026.