On March 30, EVE Energy announced that its subsidiary, Hubei EVE Power Co., Ltd., plans to enter into a contract with the Shayang County People's Government and the Management Committee of Jingmen High-tech Industrial Development Zone regarding cooperation on the construction of a 60GWh power and energy storage battery project in Jingmen City. This project has a planned total investment of RMB 6 billion to construct a 60GWh power and energy storage battery facility. The board of directors authorizes the company's management to handle all subsequent matters related to this project and to sign the relevant procedures and documents in connection with the project.

On February 26, EVE Energy officially announced the signing of a strategic cooperation framework agreement with Arctech, securing a two-year collaboration scale of 12GWh for energy storage batteries and systems. This includes 10GWh of large-scale energy storage battery products and 2GWh of energy storage system products.

Recently, Sunrise New Energy (EPOW.US) announced progress in its sodium-ion battery business. In 2025, the company was approved for two major special projects by the Guizhou Provincial Department of Science and Technology, focusing on the R&D of "hard carbon anode materials for sodium-ion batteries." The project is expected to commence construction in H2 2026 and is anticipated to begin production this year, further expanding its technological layout. It is reported that the project primarily leverages Guizhou and Qianxinan's abundant coal resources, as well as biomass resources such as moso bamboo, walnut shells, and corn stalks, to conduct research and application of high-performance hard carbon anode materials for sodium-ion batteries. The aim is to enhance the quality of hard carbon anode materials, achieve energy utilization of certain biomass scrap, and promote the enterprise's economical and green development.

PT PLN (Persero), shareholder of Indonesia Battery Corporation (IBC), supports IBC’s partnerships to accelerate an integrated national battery industry from upstream mining to downstream production. On Jan 30, 2026, in Jakarta, IBC signed a framework agreement with PT ANTAM and HYD Investment Limited consortium (Zhejiang Huayou Cobalt & EVE Energy). IBC CEO Aditya Farhan Arif called it the first step in national battery downstreaming—emphasizing investment, technology transfer, and domestic capacity building. The $6B project builds a full mine-to-battery chain: nickel mining & processing, precursor/cathode materials, battery cell production (starting 20 GWh), mainly in East Halmahera and West Java. PLN CEO Darmawan Prasodjo stressed its key role in boosting Indonesia’s EV ecosystem.

On June 27, EVE announced that its wholly-owned grandchild company, EVE ENERGY STORAGE MALAYSIA SDN.BHD., planned to invest in the construction of a new-type energy storage battery project using its own funds, funds raised from stock issuance, and/or self-raised funds, with an investment amount not exceeding RMB 8.654 billion. The announcement indicated that the project, leveraging domestic manufacturing advantages and operational experience, planned to expand an energy storage production site in Kedah, Malaysia. The construction period of the project would not exceed 2.5 years. The project aims to expand overseas capacity by relying on domestic advantages, meet the growing global demand for energy storage, reduce the risks of trade friction, promote overseas business expansion, enhance the company's performance, and strengthen its market position and global industrial layout in the lithium battery field.

Recently, EVE Energy Co., Ltd. announced that its wholly-owned grand subsidiary, EVE BATTERY INVESTMENT LTD., holds a 30.73% stake in SMOORE International Holdings Limited. To enhance market capitalization management, the company intends to extend the previous share reduction plan, authorizing its chairman to reduce its stake in SMOORE International Holdings Limited by no more than 3.5%, or approximately 216.5785 million shares, within one year through block trading, concentrated bidding transactions, and other means. This share reduction plan does not constitute a related-party transaction or a major asset restructuring, and does not require submission to the shareholders' meeting for approval.

[EVE Energy's Rush for IPO on Hong Kong Stock Exchange] On June 10, EVE Energy Co., Ltd. issued an indicative announcement regarding the planned issuance of H shares and listing on the Stock Exchange of Hong Kong Limited, announcing that EVE Energy Co., Ltd. intends to issue H shares and list on the main board of the Stock Exchange of Hong Kong Limited. The company will fully consider the interests of existing shareholders and the conditions of the capital markets at home and abroad, and select an appropriate timing and issuance window to complete this issuance and listing within the validity period of the shareholders' meeting resolution (i.e., within 24 months from the date of approval by the company's shareholders' meeting or such other extended period as agreed).

[EVE: Planning to Issue H Shares and List on the Stock Exchange of Hong Kong Limited] Recently, EVE Energy Co., Ltd. announced that, in order to further enhance its capital strength and overall competitiveness, elevate its international brand image, and meet the needs of international business development, the company intends to issue H shares and list them on the Main Board of the Hong Kong Stock Exchange. The company will fully consider the interests of its existing shareholders and the situation of capital markets at home and abroad, and choose an appropriate timing and issuance window within the validity period of the shareholders' meeting resolution to complete this issuance and listing. This issuance and listing are still subject to the review and approval of the company's shareholders' meeting, as well as the approval, authorization, or filing of relevant government authorities, regulatory bodies, and stock exchanges.

[Another Success in Cathode Materials] LFP cathode material business of Jiangsu Lopal Tech Co., Ltd. (hereinafter referred to as "Lopal") has achieved another success. On the evening of June 2, Lopal announced that its holding subsidiary, LBM NEW ENERGY (AP) PTE.LTD. (hereinafter referred to as "LBM Asia-Pacific"), had signed a Production and Pricing Agreement with EveEnergy Malaysia Sdn.Bhd. (hereinafter referred to as "Eve Energy"). The two parties agreed that LBM Asia-Pacific and its affiliates are expected to sell a total of 152,000 mt of LFP cathode materials meeting the agreed specifications to Eve Energy and its affiliates from 2026 to 2030, with the total contract sales amount exceeding 5 billion yuan.

[Foton Motor: Plans to Jointly Invest 500 Million Yuan with EVE to Establish a New Energy Technology Company] Recently, Foton Motor announced that in order to expand its new energy heavy-duty truck business and provide customers with diversified battery leasing solutions, the company plans to jointly invest with EVE Energy Co., Ltd. to establish Beijing Foton EVE New Energy Technology Co., Ltd., with a registered capital of 500 million yuan. Among this, Foton Motor will contribute 250 million yuan, holding a 50% stake, with the funds sourced from the company's own capital. By establishing a joint venture, both parties will jointly explore the market, meeting users' diversified battery leasing needs. This will enhance the market competitiveness of the company's new energy heavy-duty truck business products, promote new vehicle sales, and improve the company's profitability in the new energy heavy-duty truck sector.