Dowstone: The company currently maintains a safe inventory reserve of cobalt raw materials

On September 24th, Dowstone stated on the interactive platform that starting from October 16, 2025, the Democratic Republic of the Congo will replace the cobalt ban that has lasted for several months with an export quota system. The implementation of the quota system is expected to maintain long-term stability in cobalt prices. The company is closely monitoring the details of the quota allocation and is actively communicating with local regulatory authorities. Currently, the company has a safe inventory reserve of cobalt raw materials. In the future, as the Democratic Republic of the Congo lifts the cobalt export ban, if the company can obtain the corresponding quotas, combined with the company's capacity expansion and release, as well as maintaining a good price level for cobalt, it is expected to provide reliable support for overall performance. Specific quotas will be subject to the implementation details