Hongli Group Inc. Updates Its Business Strategy, Focusing on Solid-State Lithium Batteries

WEIFANG, China, June 3, 2026 /PRNewswire/ -- Hongli Group Inc. (Nasdaq: HLP) (the "Company" or "Hongli Group"), a cold roll formed steel profile manufacturer, today announced a strategic update following its previously announced establishment of its New Energy Solid-State Battery Division and the engagement of Dr. Philip A. Medina as an independent technical advisor.