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Fullriver Battery (002245.SZ) has announced its strategic intent to funnel US$290 million into Indonesia via its Hong Kong and Indonesian subsidiaries, with the ambitious goal of constructing a 5GWh cylindrical lithium battery production facility. This move is designed to bolster the company's ability to supply products to overseas customers and refine its global industrial footprint. The investment proposal has already received the green light from the board of directors and is now awaiting the nod from the shareholders' meeting, as well as the necessary approvals from domestic and international regulatory bodies. It's important to note that the project is not without its challenges, including potential policy shifts, approval delays, and funding uncertainties. However, the company anticipates that the impact on its revenue and net profit in 2026 will be minimal.
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