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Question 7: What is the demand situation of the company in the new energy fields of electric tools and vacuum cleaners this year and its judgment for next year?

Reply: The company's lithium battery business has strong demand and full orders. It is expected that the demand side orders of the industry will continue to rise significantly next year, and there is still a strategic opportunity window for domestic battery cells to replace Samsung SDI and Panasonic; Supply side industrial capital has entered the main race track of lithium batteries through capital mergers and acquisitions, and competition will gradually intensify.

Question 8: Can the supply of raw materials be guaranteed?

Reply: The reserve and supply chain of the company's raw materials can meet the normal production and operation needs of the company. The rise in raw material prices will have a negative impact on the company's profitability. Investors are advised to pay attention to investment risks.

Question 9: Regarding the issue of business layout, many peers are focusing on areas with more imagination in terms of production growth such as electric vehicles or energy storage. Do companies have any advanced reserves or layout in this direction?

Reply: The company has formulated a strategic development plan based on market forecasts and combined with its own actual situation. At present, the company is mainly focused on high rate markets such as electric tools, vacuum cleaners, and garden tools, and has no plans to enter the electric vehicle market.

Lithium ForkLift Batteries ,Ensure Quality

Our lithium battery production line has a complete and scientific quality management system

Ensure the product quality of lithium batteries

Years of experience in producing lithium forklift batteries

Focus on the production of lithium batteries

WE PROMISE TO MAKE EVERY LITHIUM BATTERY WELL

We have a comprehensive explanation of lithium batteries

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THE QUALITY OF COMPLIANCE PROVIDES GUARANTEE FOR CUSTOMERS

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