Construction of production facilities in Xinghe County, Inner Mongolia, to manufacture high-efficiency amorphous and nanocrystalline new materials. The project targets renewable energy, new materials, and the green power industry chain, producing ultra-low-loss core materials that comply with the latest U.S. DOE transformer efficiency standards.

Expected impact: Aims to strengthen supply-chain control, support self-reliance for transformer core materials, expand into solid-state transformer components and new energy motors, and build an ESG-aligned business portfolio.

Strategic expansion and diversification into the renewable energy sector, focusing on solar and battery storage products and related accessories, primarily driven by the Australian market operations.

Expected impact: Diversifies the company's offerings away from volatile cryptocurrency hardware and fintech markets to achieve more stable financial performance and long-term sustainable growth.

Continuous adjustment of strategic policies to reduce costs and increase efficiency, including tightening general and administrative expenses, payroll expenses, and office rental expenditures.

Expected impact: Helped narrow the net loss in fiscal year 2025 to $14.2 million from $20.9 million in fiscal year 2024 by reducing selling expenses by 51.5% and G&A expenses by 25.4%.