New Year Message from Mr. Zhou Junxiong, Chairman of Lyric | Embrace Digital-Intelligent Transformation, Commit to Cutting-Edge Intelligent Manufacturing

To Our Global Industrial Partners, Friends from All Sectors, and All Lyric Colleagues and Partners:
We are collectively standing in the midst of a technology-driven global industrial transformation.
Against the backdrop of the deepening energy revolution, the new energy industry is accelerating its evolution toward "larger battery cells, higher capacity, and enhanced safety." Next-generation technologies represented by solid-state batteries are placing unprecedented demands on manufacturing precision, consistency, and system reliability. At the same time, the deep integration of "artificial intelligence + hardware" continues to break boundaries, driving rapid iteration of end products toward higher integration, miniaturization, and ultra-precision. The rise of new paradigms such as intelligent agents is compelling manufacturing systems to leap toward greater flexibility, autonomy, and intelligence. Amid the convergence of these multiple trends, the underlying logic of manufacturing is being reshaped. Only those manufacturers capable of mastering scale, precision, and intelligence simultaneously will emerge victorious in the next cycle.

Review of 2025: Laying the Foundation for "Extreme Intelligent Manufacturing"

High-end equipment serves as the carrier of advanced processes and a pivotal lever driving manufacturing toward higher sophistication, intelligence, and sustainability. Over the past year, we have continued to deepen our core ethos of "building the enterprise on technology and honing internal capabilities," comprehensively advancing the end-to-end restructuring of our R&D, manufacturing, and delivery systems. Our goal remains unwavering: to translate cutting-edge processes into stable, reliable, and replicable equipment capabilities, empowering our clients with full-cycle value—from laboratory innovation to large-scale production.

• Strategic Planning:  
We anchor our efforts in core sectors with the highest technological barriers and long-term value, fortifying our technological moat.  

• R&D Innovation:  
Through advanced process simulation and cross-domain collaboration, we achieve "first-time-right" technical solutions, building product competitiveness and margin potential from the very beginning.  

• Implementation and Delivery:  
We deliver not just equipment, but intelligent systems that encapsulate process expertise, combining high stability with evolutionary potential—providing customers with a solid and reliable foundation for mass production.

Over the past year, we achieved the leap from laboratory to pilot line for solid-state battery production lines, made critical breakthroughs and additional orders for AI computing server smart production lines, resolved the engineering challenge of balancing precision and longevity in core components of humanoid robots, and launched end-to-end intelligent manufacturing solutions for compact, high-energy-density batteries designed for emerging devices like AI glasses... Each of these milestones stands as a powerful testament to Lyric's steadfast commitment to “building the enterprise on technology.”

First, capturing the wave of new energy capacity expansion to build advantages in scale and capability.
1. Deepen global operations to support customers’ global production capacity. We remain committed to supporting leading domestic companies in expanding overseas while deepening our presence in local markets abroad. By establishing operational and service networks covering key regions, we will translate our core strengths in precision manufacturing and turnkey line delivery into sustained support for global industrial upgrading.

2. Focus intensely on the power and energy storage sector, aiming for new heights in high-end manufacturing. In response to the trend toward large-scale production of high-capacity, high-safety batteries, we will develop integrated line solutions that deliver both ultimate safety and high efficiency. Through process innovation and system synergy, we will overcome the efficiency and cost constraints of mass production, helping customers gain a first-mover advantage in technological iteration.

3. Strategically expand into the AI hardware sector to become the preferred manufacturing partner for customers.  
We will seize the critical window of opportunity presented by the explosive growth of AI hardware, focusing on cutting-edge demands such as next-generation smart wearable devices like AI glasses and mainstream consumer electronics. Leveraging our expertise in miniaturization and high-precision manufacturing, we will help customers overcome engineering challenges in implementing innovative industrial designs, ensuring that pioneering concepts can be transformed into market-ready products with reliable quality and reasonable costs.
Second, overcome expansion bottlenecks in emerging sectors by delivering replicable intelligent equipment.  
1. Tackle mass-production equipment for solid-state batteries to enable scalable process implementation.  
We will drive the transition of core process equipment from "technological breakthrough" to "mass-production scalability," transforming our accumulated process expertise into replicable and iterable equipment capabilities. This will empower customers to significantly reduce trial-and-error costs and mitigate mass-production risks for solid-state batteries.  

2. Replicate the intelligent paradigm of high-end equipment, offering a closed-loop, full-value-chain delivery model.  
In the field of AI computing power, we will translate our proven "dark factory" intelligent line capabilities into rapidly deployable industry solutions. In the realm of intelligent agents, leveraging our portfolio of over a thousand high-precision machine tools and a comprehensive machining system, we will extend our capabilities across the full value chain—from mass production of core components to assembly of joint modules and complete units, through comprehensive functional testing and scenario calibration. This enables us to provide customers with an integrated, closed-loop delivery and service model—from precision parts to reliable finished products.

Third, leveraging an intelligent core to drive product evolution and enhance sustained competitiveness.  
In 2026, we will actively respond to the national call for "Artificial Intelligence + Manufacturing." By embedding our deep expertise in cutting-edge processes into self-developed industrial software, we will transform it into reusable algorithms and models, deeply empowering high-end equipment. What we deliver in the future will be "industrial intelligent agents" embedded with process optimization, predictive maintenance, and autonomous decision-making capabilities. Through the deep integration of "AI + Equipment," we will build a solid foundation for the intelligent upgrading of strategic industries.

The course is set, the journey ahead is clear. We salute every Lyric striver of 2025—it was the focused eyes on the workshop floor, the glowing screens late into the night, and the perseverance in every challenge that made each step of Lyric steady and powerful. We also sincerely thank all our partners and friends from various sectors for your trust and companionship. The bond forged through challenges is the most precious ballast in our voyage.

In 2026, Lyric will continue to stay grounded, avoiding empty fantasies and hollow words. With continuously refined processes, trustworthy products, and future-oriented innovation, we will stand shoulder to shoulder with all our companions and embark on a new journey together.

Wishing everyone vitality, prosperity, and success in the new year!

Thank you all!