Universal New Energy Holding Group Inc intends to focus on the research, development, production, and technical services for battery materials, cells, systems, and recycling. The company aims to provide next-generation battery solutions for electric vehicles and energy storage applications. It plans to build a team to develop battery chemistries, with goals to scale R&D projects to commercial production. The company envisions a green, vertically integrated battery ecosystem, covering the full lifecycle from raw materials to battery cells, systems, and end-of-life recycling. The company intends to offer customized battery cell and system solutions targeting high performance-to-cost ratios, enhanced safety, low-temperature resilience, and ultra-fast charging.