Compliance management is Huayou's core competitive advantage. Since its inception, Huayou has continuously prioritized the development of grassroots organizational structure, enhanced foundational management capabilities, and fostered essential skills for business growth. These efforts have established a robust foundation for safe and stable high-capacity production and laid the groundwork for effective compliance operations. On March 15, 2023, Huayou officially obtained the BSI GB/T 35770-2022/ISO 37301:2021 dual certification for the compliance management systems, which means Huayou became the world's first new energy lithium battery material enterprise to receive such recognition.

This esteemed award places Huayou Cobalt among the industry's pioneers in attaining this prestigious recognition. It serves as both an acknowledgment from the industry and a testament to Huayou's strength. The achievement underscores the significant emphasis the management places on compliance operations and highlights the outstanding compliance culture and robust capabilities in legal compliance management. 

Huayou will continue to prioritize professionalism and focus on enhancing the corporate governance system, implementing comprehensive compliance management, strengthening the compliance teams, and striving to become a role model for a law-abiding enterprise. Through these efforts, Huayou aims to promote the rule of law in the operations, improve the overall quality, and ambitiously work towards accomplishing the ten-year mission within a five-year. We are determined to provide robust legal protection to facilitate high-quality development.