On August 6, 2023, a special ESG training with the theme "ESG value, benchmarking of advanced industry enterprises, and future prospects" was held at the Chengdu training base. Management from Chengxin Lithium headquarters and its member enterprises, along with heads of functional departments such as safety and environment, production, administration, human resources, and legal affairs participated in the training exchange through online and offline channels. "In our work with partners, we have learned that the main purposes of ESG work are innovation, trend adaptation, tripartite requirements, and regulatory response." Xingong emphasized the strategic value of ESG from the outset. In the long run, as supervision becomes more standardized and strict while mandatory disclosure of ESG for listed companies becomes a general trend. Through transparent ESG information disclosure and key risk identification in reports investors can understand enterprise strategy better; operators can assess existing/potential risks; managers can identify management gaps to improve overall risk control level. In recent years Shengxin Lithium Energy has been improving management compliance construction & social responsibility disclosure while expanding business field. The company formulated ESG plans & controlled related risks achieving certain results promoting enterprise development. With a strategic goal to become a global leader in lithium battery new energy materials Chengxin Lithium focuses on strengthening resource reserves globally & firmly seizes industry opportunities by strictly abiding by relevant host country's laws/regulations during overseas projects making positive contributions to local economic/social development/environmental protection. This training is significant for Chengxin Lithium to fulfill its social responsibility & practice the ESG concept better. Under key directions/dimensions from this training we will open a new chapter in constructing lithium energy's new ESG system creating greater value for promoting ESG practice.

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On December 17, 2022 local time, Indonesia Shengtuo Lithium Energy Co., Ltd., a subsidiary of Shengxin Lithium Energy, and China Chemical Engineering Sixth Construction Co., Ltd. ("Sinochem Sixth Construction") jointly launched the opening ceremony of the fire section of the civil engineering and installation general contracting project for the joint production of 10000 tons of lithium carbonate with an annual output of 50000 tons of lithium hydroxide in Indonesia's Morovali Industrial Park. Chinese managers, Indonesian representatives, all managers of Sinochem Sixth Construction Project Department, representatives of construction team, translators and local Muslim elders attended the project commencement ceremony. Sinochem Liujian is mainly responsible for the construction tasks of the fire section of the first bid section. Xu Kun, the general manager of Sinochem Liujian, said in a speech that he would carry forward the spirit of "Iron Army" of Sinochem Liujian, with more firm confidence and higher fighting spirit, carefully organized and carefully arranged, accelerate the construction of the project, and build the project into a high-quality project and a high-quality project. Chen Leyun, deputy general manager of Indonesia Shengtuo Lithium Energy Co., Ltd., said in a speech that he will sincerely cooperate, forge ahead in unity, overcome difficulties, and ensure that the project is under the careful organization of Sinochem Sixth Construction, and the safe, efficient and high-quality construction has become a high-quality project in Indonesia. Shengxin Lithium Energy and Sinochem Sixth Construction have a grand plan and opened a new chapter in win-win! The 60000-ton lithium salt project of Shengtuo Lithium Energy in Indonesia is an important layout of Shengxin Lithium Energy's internationalization strategy and one of the largest lithium salt projects under construction overseas. It is expected to be completed by the end of 2023. The start of construction and smooth completion of the Indonesian Shengtuo lithium energy project will greatly enhance the ability of Shengxin lithium energy to protect and serve global customers.

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