[Phase II of Indonesia Liyuan LFP Project Commences] On February 2, the Phase II project of Indonesia Liyuan, a subsidiary of Liyuan Technology, officially commenced in the Kendal Special Economic Zone in Semarang, Indonesia. The Phase I project, a 30,000 mt LFP project, was successfully completed and put into operation in 2024, with the first batch of products successfully shipped in January 2025. The construction of the Phase II 90,000 mt production line project will undoubtedly further deepen Liyuan's integration and utilization of local resources, optimize the company's global capacity layout, significantly enhance its product supply efficiency and competitiveness in the international market, and further solidify Liyuan Technology's leading position in the global new energy industry.

Recently, the Commodity Inspection and Testing Branch of Guangdong Liyuan Co., Ltd., a subsidiary of Guangdong Petroleum, obtained CMA certification (China Metrology Accreditation), becoming the first entity among sales enterprises to possess full-item analysis and testing qualifications for hydrogen used in proton exchange membrane fuel cell vehicles. Guangdong Petroleum has accelerated its efforts in hydrogen detection technology, relying on Sinopec's "Ten Dragons" science and technology project. In collaboration with the Research Institute of Petroleum Processing, it completed the construction of the first full-item testing demonstration laboratory for vehicle fuel hydrogen in South China in December 2022. At the beginning of this year, the laboratory successfully passed the on-site review by the Guangdong Provincial Market Supervision Administration. Guangdong Petroleum is speeding up the establishment of a dual-wheel drive model of "detection services + R&D," aiming to build a testing service platform based in the Guangdong-Hong Kong-Macao Greater Bay Area and radiating nationwide, integrating hydrogen detection, safety assessment, and more, to support the development of the hydrogen industry chain and enhance the company's innovation and efficiency levels.

[Changzhou Liyuan Indonesia Phase II Project Commences, Boosting the Development of the LFP Market] On February 2, 2025, Changzhou Liyuan New Energy Technology Co., Ltd. officially broke ground on its Phase II project in the Kendal Economic Zone, Semarang, Indonesia, marking a new stage in the company's overseas market expansion.

As technology continues to advance and application scenarios expand, battery manufacturers' demand for high-pressure compacted positive electrode materials is growing stronger. Whether for energy storage systems or power batteries, high-pressure compaction technology has become an important threshold for material applications. High-pressure compaction not only means a significant improvement in material performance but is also key to achieving efficient, stable, and energy storage.

【Lithium Iron Phosphate (Manganese): Liyuan Globally Launches Three Products Including "Manganese Lithium No.1"] Changzhou Liyuan, a subsidiary of Longpan Technology, successfully held a global launch ceremony for "Manganese Lithium No.1" and "Iron Lithium No.1" upgrade products on May 22. At the ceremony, the company officially launched three new products: "Manganese Lithium No.1" high-cycle version, long-endurance version, and "Iron Lithium No.1" fast-charging version, injecting new vitality into the global new energy battery market.

【Changzhou Liyuan Launches Two Lithium Iron Phosphate Manganese and One Fast-Charging Lithium Iron Phosphate Product】On May 22nd, Changzhou Liyuan held a global launch event for its "Lithium Manganese 1" and "Lithium Iron 1" upgraded products in Nanjing, under the theme of "Global Needs Manganese Lithium 1". At the event, three new products, including the "Lithium Manganese 1" high-cycle version, long-range version, and the "Lithium Iron 1" fast-charging king, were officially launched, continuously injecting new vitality into the global new energy battery market. The "Lithium Manganese 1" launched this time is a new generation of lithium iron phosphate manganese cathode material product carefully developed by Changzhou Liyuan. Compared with the previous generation of products, this product has significant features of high compaction, high capacity, high safety, and excellent processing.