On June 24th, the 2023 National Science and Technology Awards were announced, and two scientific research achievements led by the Institute of Process Engineering of the Chinese Academy of Sciences and participated by Huayou - "Development of new equipment for lithium precursor reaction crystallization and intelligent manufacturing of high-end cathode materials", "Efficient and low-carbon treatment technology and application of lithium solid waste with whole-process optimization" won the second prize of National Science and Technology Progress in 2023, marking that Huayou's innovations in the fields of green refining of non-ferrous metals, lithium materials development, and resource recycling and regeneration utilization climbed to a new peak again, and highlighting Huayou's leading position in the technological innovation and sustainable development of new energy materials. It demonstrates Huayou's leading position in technological innovation and sustainable development of new energy materials.

Grasping innovation is grasping development, and seeking innovation is seeking the future. As a national high-tech enterprise, Huayou attaches importance to innovation and development, and insists on science and technology leadership.

Since 2018, Huayou has increased its investment in R&D year by year, and has invested more than 5 billion yuan in scientific and technological innovation over the past five years. It has built a world-leading R&D center with more than 210,000 square meters of R&D space, gathered more than 4,600 technological research and development personnel, and set up a number of national advanced science and innovation platforms such as a national enterprise technology center and a national post-doctoral workstation, which support the company's development in the fields of efficient extraction of nickel-cobalt-lithium resources and development of high-performance battery materials, and so on. It supports the company's core technology development in the fields of efficient extraction of nickel, cobalt and lithium resources and development of high-performance battery materials.

Thanks to the continuous scientific and technological innovation, Huayou has made a lot of achievements in scientific research, with 459 nationally authorized patents and 218 drafted standards. Meanwhile, Huayou has won many awards and prizes, such as the Second Prize of National Scientific and Technological Advancement, the First Prize of Zhejiang Scientific and Technological Advancement, the First Prize of Tianjin Scientific and Technological Advancement, and the First Prize of Science and Technology Advancement of China Nonferrous Metals Industry, etc., which makes Huayou a truly science and technology-oriented large enterprise.

As a global leader in the production of ternary precursors for power batteries, Huayou New Material Industry Group strengthens industrial synergy, deepens the innovation-driven development strategy, carries out the competitive strategy of "leading in products and leading in costs", takes scientific and technological innovation as the cornerstone, and continues to improve scientific and technological insight, research and application, and has built up a world-class R&D center of precursors, and has taken the lead in overcoming the problem of ultra-narrow precursors. We have broken through the industry advanced core manufacturing technology of various ternary precursor products such as medium-high nickel, high-nickel, ultra-high nickel, etc., and the output, quality and development speed of new products are at the leading level in the industry, and the ternary precursor series products have been rated as the single champion products of the Ministry of Industry and Information Technology, the Ministry of Industry and Information Technology's green design products, and the Zhejiang Provincial Manufacturing Excellence Products, and have been certified by domestic and foreign mainstream anode material enterprises, and are widely used in the power battery industry.

Huayou attaches great importance to sustainable low-carbon development, adheres to the development concept of "innovation, coordination, openness, green, and sharing", formulates eight "carbon neutral" actions, and casts the green manufacturing concept into every process of lithium new materials production. Through the innovation of process technology, the application of advanced equipment, and the creation of industrial chain circular innovation mode, the company has realized the harmonious symbiosesis between production and ecology, and the synergy and coordination between development and environment, and comprehensively realized the green manufacturing of nickel and cobalt smelting and lithium-ion new material preparation in the whole life cycle, and reduced the intensity of carbon emission per unit of product year by year. It has become the first precursor, cathode material, resource regeneration and retired battery cascade utilization "zero carbon" factory in the industry, and has been awarded the Ministry of Industry and Information Technology's Green Manufacturing Demonstration Factory, Green Design Demonstration Enterprise for Industrial Products, Green Design Product and other prizes, which sets up an industry benchmark of resource-saving, environmentally friendly, product-leading and benefit-leading.

Looking ahead, Huayou will continue to adhere to the development strategy of scientific and technological innovation, base on the development strategy of globalization, further increase the investment in scientific research, build a more open R&D system, strengthen the technical exchanges and cooperation with global scientific research institutes and leading enterprises in the industry, introduce and cultivate more high-precision scientific and technological talents. We will continue to drive development with innovation, lead the development direction of the new energy industry with more innovative achievements, and contribute to the realization of a greener and more sustainable human future!