On June 25th, Golonghui reported that Hunan Corun New Energy (600478.SH) stated on the investor interaction platform that all its business operations are steadily developing and advancing in 2024. All three business sectors are in a normal state of production and operation. In the nickel-electricity business area, the company will stabilize traditional business while accelerating the layout of the second growth curve of the nickel-electricity business, continuously improving the production efficiency and profit level of the lithium-electricity business, strengthening the market expansion capability of energy storage, and thus continuing the development momentum of the first quarter of the year to achieve ideal performance, rewarding the trust of the vast investors. With regard to lithium-electricity business, Yichun has completed the phased shutdown restructuring stage. In the second half of the year, the company will accelerate the detailed exploration and expansion work of the undeveloped mining area, reduce the cost pressure of the company's lithium carbonate products from the raw material cost end, and promote the further landing of technological innovation in sync. In the field of energy storage business, on the basis of obtaining upstream lithium mine resources, the company has made significant progress in promoting the innovative joint venture and energy storage industry fund of the energy storage industry over the past year. The energy storage industry fund led by the company has now completed the establishment and filing of the parent fund, and is also pushing for the establishment of sub-funds to better empower the development of the company's energy storage industry. There are also significant innovations in energy storage technology and ecological models. The company's hybrid storage demonstration project is about to be installed and commissioned. At the same time, the company has obtained market orders from multiple channels and has gained recognition from the market.