Pritt announced that the company's holding company, Jiangsu Haishida Energy Storage Technology Co., Ltd. plans to invest in the construction of a “large-scale advanced battery production line upgrade project”, with a total planned investment of about RMB 500 million. The funding source is the company's own and self-raised funds. The construction period of the project is expected to be 12 months. It is expected to start in July 2026 and be completed and put into operation in June 2027. The project will add 2 new high-speed automated production lines. After delivery, the production capacity of 6 GWh of high-performance square lithium-ion batteries per year will be added, mainly used in energy storage systems. The investment matter was reviewed and approved by the 9th meeting of the 7th board of directors of the company, and there is no need to submit it to the shareholders' meeting for consideration.

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