CoinWorld News: Baiwei Storage's net profit for the first quarter was 2.9B yuan, turning from loss to profit year-on-year, mainly benefiting from the explosive growth of AI computing power driving the storage industry’s high prosperity. CATL's first-quarter net profit was 20.74B yuan, a year-on-year increase of 48.52%, and it plans to distribute a cash dividend of 69.57 yuan for every 10 shares. Zhongheng Electric's controlling shareholder and CATL signed a strategic investment cooperation framework agreement.

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