First established in Shenzhen in 2013 and formally incorporated in May 2015, Shenzhen Hongsheng Energy Co., Ltd. has been dedicated to the development and distribution of polymer batteries, delivering premium products and services to our clients. We provide cutting-edge polymer lithium battery solutions for customers across China and around the world.
    We place great emphasis on talent development and technological advancement, and we adhere firmly to the business philosophy of Quality First, Customer Foremost. Stringent quality control measures are implemented throughout the production process to ensure that every single battery meets our clients’ exact specifications. To sustain our commitment to delivering superior products and to further solidify our presence in the lithium battery industry, we invested in and set up Hunan Huami Times New Energy Technology Co., Ltd. in 2024. With a registered capital of RMB 62.5 million, the subsidiary saw over RMB 50 million invested in fixed assets for its Phase I development, with Phase II construction slated to launch in 2025. Equipped with state-of-the-art, highly automated production lines and equipment, the company is managed by a team of seasoned, professional executives. Phase I operations generate an annual output value of RMB 300 million, and upon the completion of Phase II, the combined annual output value is projected to reach RMB 600 million. We firmly believe that exceptional product quality and services are the cornerstones of earning and retaining customer trust and loyalty.
    ooking ahead, we will continue to uphold our corporate values of Innovation, Professionalism, Quality, and Service. We will forge ahead with enterprise, actively expand our footprint in both domestic and international markets, and strive to achieve even greater milestones.
    We are confident that, with the collective efforts of our entire workforce, Shenzhen Hongsheng Energy Co., Ltd. will scale new heights of success.
    We look forward to partnering with you to build a brighter, more prosperous future together.