Hongli Group Inc. Plans to Establish New Energy Solid-State Battery Division to Explore Opportunities in Advanced Materials and Energy Storage

Initiative supports the Company's broader strategy of leveraging its manufacturing expertise to evaluate opportunities in next-generation battery technologies WEIFANG, China, May 19, 2026 /PRNewswire/ -- Hongli Group Inc. (Nasdaq: HLP) (the "Company" or "Hongli Group"), a cold roll formed steel profile manufacturer, today announced that it plans to establish a New Energy Solid-State Battery Division as part of its broader strategy to explore opportunities in the clean energy, advanced materials and energy storage sectors. The planned division follows the Company's previously announced initiatives to explore opportunities in clean energy, energy storage applications, and solid-state lithium battery-related technologies.