On the banks of the Danube, the wind carries new sounds of industry; thousands of miles away, dreams take root on overseas land. Traveling over 8,000 kilometers across mountains and seas to the Central European heartland, the construction site of the Huayou Bamian Hungary High-Nickel Ternary Cathode Green Intelligent Manufacturing Project is bustling with tower cranes and vigorous momentum. Currently, production line debugging is steadily wrapping up, and all builders are working hard at the critical juncture of customer sample delivery and full production, writing a chapter of Huayou's industrial responsibility and global vision.

On March 26, Huayou Cobalt, together with a major partner bank's financial leasing subsidiary and the Lingang New Area Management Committee of Shanghai, successfully launched the nation's first-ever benchmark project under the new cross-border finance lease pilot policy — an SPV (Special Purpose Vehicle) cross-border finance lease for nickel smelting production line equipment. The signed project has a scale of nearly 1.5 billion RMB, with the first phase precisely deployed at 370 million RMB. This not only set a new milestone in Huayou Cobalt's cross-border investment and financing innovation but also achieved a breakthrough and pioneering leap in the company's structured financing model. The entire business adopts RMB-denominated closed-loop settlement, which fundamentally mitigates cross-border operational exchange rate fluctuation risks, and, by leveraging the real industrial chain scenario, stands as a benchmark innovation demonstration case for advancing the internationalization of the RMB.

On March 18, the "Tide Above · 2026 Zhejiang Entrepreneurs Theme Conference" was held at the Zhejiang Provincial People's Great Hall. During the meeting, the "2025 Zhejiang Enterprise Growth Sample" was announced. Huayou Holding Group successfully received this honor thanks to its steady and strong growth momentum, forward-looking development strategy, and innovative practices in deepening industrial operations, becoming a benchmark model for high-quality development among the new era Zhejiang entrepreneur community. Chen Hongliang, President of Huayou Cobalt, represented the company on stage to accept the award.

At the activity site, various party branches took the lead in mobilization, party members and cadres vied to set examples, all trade unions coordinated and fully cooperated, and park employees actively participated and donated generously. The party-masses unity gathered heartwarming synergy to protect the "Huayou Big Family."

On January 28, Vice Secretary Fan Shunke of the China Non-Ferrous Metal Industry Association visited the Indonesia Morowali Industrial Park (IMIP), deeply visiting the Huayue Project for exchange to gain an on-the-ground understanding of the development of Chinese-funded enterprises in Indonesia's nickel industry sector.

Recently, the National Intellectual Property Administration announced the 2025-2027 Intellectual Property Powerhouse Construction Demonstration Creation List. **Zhejiang Huayou Cobalt Co., Ltd. and its subsidiary Huayou New Energy Technology (Quzhou) Co., Ltd. were successfully selected for the "National Intellectual Property Demonstration Enterprise Creation Candidate" list.**

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.

Recently, Guangxi Huayou New Materials Co., Ltd., a subsidiary of HUAYOU Cobalt, officially obtained the ISO 37301 Compliance Management System Certification issued by an internationally authoritative certification body, laying a solid compliance foundation for HUAYOU's internationalization strategy.

On October 16th, local time, Hon. Winston Chitando, Zimbabwe's Minister of Mines and Mining Development, led a delegation to visit and exchange views at the HUAYOU Zimbabwe Base. Zhu Haijun, General Manager of the Zimbabwe Regional Management Center, warmly received the delegation on behalf of the company.

On October 10, the 2025 Fortune Sustainable Development Summit was held in Fuzhou under the theme “Intelligent Era, Smart and Inclusive Coexistence.” The summit brought together nearly 200 global business leaders, sustainability practitioners, policymakers, and academic experts to explore pathways to sustainable development empowered by technology. During the event, the 2025 Fortune China ESG Impact List was officially released. In recognition of its outstanding performance in advancing green development, actively fulfilling social responsibilities, and continuously enhancing ESG performance, Huayou Cobalt was once again named to the list, achieving a consecutive ranking.