Construction Progress of the 1 Million MT Anode Precursor Project: The piling work for the calcination workshop of the first phase of the Hengji Anode Material Precursor Project in the Linyang Industrial Zone of Guanyun County has been successfully completed. The project commenced in January this year, with a total investment of approximately 3 billion yuan. It is divided into three phases, covering a total area of 469.6 mu, and is expected to build four production lines: 250,000 mt in the first phase, 250,000 mt in the second phase, and 500,000 mt in the third phase, totaling 1 million mt. The main products are anode material precursors and high-density calcined petroleum coke, which are essential raw materials for emerging ESS materials and graphite electrode products. The raw materials for the project are sourced from the waste residue "petroleum coke" produced by petrochemical plants after oil refining. The project is expected to complete 80% of the main structure construction by June this year, followed by intensive equipment installation and pipeline construction to ensure the first phase is put into production by October this year.