Mengguli announced that the company and its subsidiaries plan to develop commodity futures and derivatives hedging business to reduce the risk of fluctuations in the price of raw materials lithium carbonate. The maximum guaranteed transaction amount does not exceed 43.2 million yuan. It is estimated that the maximum contract value held on any trading day will not exceed 400 million yuan, and the amount can be recycled. The funds are own funds, and the transaction period is valid for 12 months from the date of review and approval by the shareholders' meeting. The bill has been reviewed by the board of directors and still needs to be reviewed by the shareholders' meeting. The company has formulated relevant management systems and risk control measures. The sponsor believes that the business is reasonably necessary and that the risk is manageable, and there is no objection to this matter.

Mengguli announced that the company and its subsidiaries plan to develop commodity futures and derivatives hedging business to reduce the risk of fluctuations in the price of raw materials lithium carbonate. The maximum guaranteed transaction amount does not exceed 43.2 million yuan. It is estimated that the maximum contract value held on any trading day will not exceed 400 million yuan, and the amount can be recycled. The funds are own funds, and the transaction period is valid for 12 months from the date of review and approval by the shareholders' meeting. The bill has been reviewed by the board of directors and still needs to be reviewed by the shareholders' meeting. The company has formulated relevant management systems and risk control measures. The sponsor believes that the business is reasonably necessary and that the risk is manageable, and there is no objection to this matter.