Zhuye Group Unveils 2025 Annual Report, Outlines 2026 Production Targets

[Lead-acid Battery Market Dynamics] It is reported that Tianneng Group Guizhou Energy Technology Co., Ltd., located in the Taijiang Economic Development Zone in Guizhou, according to Pang Mingduo, Deputy General Manager of the company: "Currently, the automation rate of the factory's production lines has reached 95%, and capacity has doubled compared to the initial stage. Daily production of new energy batteries has surged from 40,000 units to 135,000 units. Every year, 40,000 mt of waste batteries are recycled and handed over to Guizhou Qizhen Industrial Group Co., Ltd. for processing. The secondary lead they produce can meet 70% of Tianneng's raw material needs."

[Lead-acid Battery Market Dynamics] On April 17, MIIT issued an announcement stating that: in order to implement the *Lead-acid Battery Industry Standard Conditions (2015 Edition)* (Ministry of Industry and Information Technology Announcement No. 85 of 2015) and promote the sustained, healthy, and coordinated development of China's lead-acid battery industry, in accordance with the relevant provisions of the *Administrative Measures for Lead-acid Battery Industry Standard Announcements (2015 Edition)*, it has been decided to carry out a new round of announcement work for enterprises meeting the lead-acid battery industry standard conditions.

[E-bike Market Updates] According to information from the Ya'an Municipal Market Supervision Administration website: Recently, the Market Supervision Administration of Baoxing County, Ya'an City, Sichuan Province carried out quality supervision work on e-bikes and related accessories. This supervision work inspected 5 e-bike and related accessories business entities, and no safety hazards were found for the time being.