In March this year, the first batch of qualified products from the second phase of Hua You's 50,000 - ton precursor project in Indonesia was successfully rolled off the production line, marking that the Hua Neng project has officially entered the phase of large - scale production.

In April 2024, the construction of Hua You's 50,000 - ton precursor project in Indonesia was officially started, which kicked off the prelude to the construction of Hua You's first overseas ternary precursor factory. In October of the same year, the main body of the first - phase project was completed and put into feeding operation, and product production was completed in November. On February 28, 2025, the second - phase project was fully completed. In early March, the first batch of qualified products of the second phase was produced. It only took 11 months to achieve the successive production commissioning of the two - phase projects, setting a new record for the construction speed of Chinese lithium - battery material enterprises overseas.