During the 2026 World Economic Forum (WEF) Annual Meeting, the white paper "Circularity Leads the Future: Unlocking the Circular Economy Value of Power Batteries and Critical Minerals," researched and written under the leadership of the Ellen MacArthur Foundation, was officially released. As one of the important practical participants in the power battery recycling sector, Huayou Recycling participated in the relevant research work of the white paper, providing practical perspectives and industry insights for building a circular economy value chain for power batteries.

Recently, at the 5th Carbon Neutrality Boao Conference hosted by China Energy Conservation Group in Boao, Hainan, two HUAYOU subsidiaries — Chengdu Bamo Technology Co., Ltd. and Quzhou Huayou Resource Recycling Technology Co., Ltd. — successfully defended the title of "First Prize of the 2025 China Energy Conservation Association (CECA) Innovation Award - Technological Progress Award for Energy Conservation and Emission Reduction (Carbon Neutrality Field)" with their solid technological innovation and outstanding low-carbon practices. This is a powerful demonstration of HUAYOU's advantages in the full industrial chain and its efforts to address industry pain points, with each achievement embodying the sweat and wisdom of HUAYOU people.

Recently, the Guangzhou Futures Exchange (hereinafter referred to as "GFEX") issued the "Announcement on Adjusting Designated Delivery Warehouses for Lithium Carbonate Futures" (GFEX Issue [2025] No. 431), announcing the addition of multiple enterprises as designated delivery warehouses for lithium carbonate futures. Among them, Guangxi Huayou Lithium Co., Ltd. was successfully selected and officially became a designated delivery warehouse for GFEX lithium carbonate futures.

Recently, Huayou Cobalt and Xi'an University of Architecture and Technology held a school-enterprise cooperation signing ceremony for international student order classes and joint cultivation programs for domestically directed admissions.

Recently, the Ministry of Industry and Information Technology (MIIT) of the national government announced the ninth batch of enterprises conforming to the "Lithium-Ion Battery Industry Normative Conditions." A total of 36 enterprises nationwide were selected, and both Chengdu Bamo Technology Co., Ltd. and Zhejiang Bamo Technology Co., Ltd., under Huayou New Energy Industry Group, were simultaneously selected. Previously, Tianjin Bamo Technology Co., Ltd. was already selected in the first batch of the normative conditions in 2016, marking the industry group's national-level recognition for standardized development and comprehensive strength in the lithium battery industry.

Recently, HUAYOU Cobalt seized market opportunities and successfully completed the issuance of its first ever medium and long-term green technology innovation bonds. The issuance scale totals RMB 500 million with a 2-year tenor and a coupon rate as low as 2.89%, achieving a subscription multiple of 1.6x. This breakthrough not only marks the company's successful opening of channels for medium and long-term bond issuance but also fully demonstrates the bond market's strong confidence in the company's fundamentals and development prospects through the high subscription multiple and highly competitive interest rate.