Longyi Technology: plans to acquire assets and businesses related to lithium iron phosphate, a subsidiary of Beitre.

Longyi Technology announced that it intends to acquire lithium iron phosphate-related assets and businesses within the scope of Beitre's consolidated statements through itself or its subsidiaries, and Beitri agreed to acquire the above-mentioned underlying assets and businesses. the main purpose is to further expand the company's business system with the help of the technical and market advantages owned by Beit. The signing of this "framework agreement" is also an important layout made by the company to comply with the development trend of the automobile industry, which will help to promote the long-term development of the company.