In July 2024, Hangxiao Steel Structure Co., Ltd. (hereinafter referred to as "Hangxiao Steel Structure") successfully signed the contract for the construction of the *Annual 50,000-Ton Ternary Precursor Materials for Power Batteries (Plant 2)* project in Indonesia.

The project is located within the Weda Bay Industrial Park, North Maluku Province, Indonesia. The scope of work encompasses the construction of the following facilities:Precursor Plant 1，Connecting Corridor，Automated Warehouse，Precursor Plant 2，Auxiliary Plant，Auxiliary Tank Farm (including facilities for purified water, ammonia water, concentrated sulfuric acid, liquid caustic soda, metal solution, wastewater treatment station, and supporting ammonia removal and redissolution systems)，Crystal Dissolution Workshop，Hardware Store / Maintenance Workshop，Solid & Hazardous Waste Storage，Guardhouse 1，Guardhouse 2，Site-wide Civil Works (including water supply & drainage, fencing & gates, roads, landscaping, street lighting, and associated ancillary works).

This project represents another significant achievement for Hangxiao Steel Structure in responding to the "Belt and Road" initiative and accelerating the development of its overseas market. Hangxiao Steel Structure remains committed to continuous innovation, manufacturing high-quality products, and intelligently creating premium engineering projects, contributing its expertise and strength to the advancement of green steel structure buildings worldwide.