On the SSE E-Interaction platform, Huayou Cobalt (603799.SH) recently revealed that its subsidiary Bamo Technology now supplies large cylindrical and cylindrical battery cathode materials accounting for nearly 40% of total cathode material sales, powering renowned electric vehicle (EV) brands globally.

Recently, Huayou Cobalt (stock code: 603799) held a performance briefing which attracted significant attention from institutions and investors due to its better-than-expected financial results. Chairman Chen Xuehua answered detailed questions from investors covering topics such as company operations, trends in ternary materials, nickel price movements, development plans for nickel resources in Indonesia, and international operations.

This year marks the 75th anniversary of the establishment of diplomatic relations between China and Indonesia. To commemorate this, International Business Daily has organized a special issue on China-Indonesia economic and trade cooperation. On April 10th, International Business Daily published a significant report titled "Huayou Indonesia IPIP Park: Building a New Benchmark for Global Lithium Battery Industry and Jointly Creating a Green Future," showcasing Huayou's contributions to upgrading industries in Indonesia, promoting economic and trade cooperation between the two countries, and contributing to regional economic prosperity and development.

"This is the greatest trust and expectation the Party Central Committee has shown toward private enterprises." On February 19, 2025, Chen Xuehua, Chairman of Huayou Cobalt, shared his insights with the Shanghai Securities News after studying the spirit of the recent private enterprise symposium. He expressed profound encouragement, a deepened sense of responsibility, and pride in Huayou Cobalt’s mission.

From a seemingly "unremarkable" workshop, it has grown step by step over 30 years into a "remarkable" world-class leading enterprise. This is Huayou Holding Group Co., Ltd.

In recent years, with the booming development of the global new energy vehicle industry and the continuous expansion of the power battery market, enterprises in the lithium industry chain have ushered in unprecedented development opportunities. As a leading enterprise in the new energy lithium material industry, Huayou Cobalt (603799), with its reasonable industrial layout and business strategy, has not only realized a stable recovery of operating results and significant improvement of cash flow in the fierce market competition, but also accumulated the power to cross the cold winter of lithium industry.