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Xinwangda: The super fast charging 4C ternary battery product has achieved mass production in the first quarter of 2023

2024-03-29 16:34:13

Every time through AI Express, investors ask on the investor interaction platform: Dear Secretary of the Board, hello! As a member of the vast number of small and medium-sized investors, I am deeply concerned about the current business situation, development trends, and prospects of your company. Focus 1: According to the latest research report from Dongwu Securities, the company is expected to incur a one-way loss of nearly RMB 2 billion in power batteries from 2022 to 2023, seriously dragging down the company's overall profitability. Is this loss amount due to the company's lack of technological advantages or other factors? Please explain! Focus 2: How is the business expansion of BEV ultra charging cells? Can core competitive advantages dominate the power cell market? I am willing to go through the scenery with your company step by step and welcome joy step by step... Best regards!!


Xinwangda (300207. SZ) stated on the investor interaction platform on March 24th that the specific financial data of the company should pay attention to the annual report. According to statistics from Dongfang Securities, the power battery industry in China has undergone a major reshuffle and intensified market competition in the past five years. At present, the company has invested heavily in new product research and development as well as new customer development. However, the sales scale of the company's power batteries is not sufficient, so it is currently in a loss making state. We believe that with the increase of customer designated vehicle models and sales volume, the performance of related business will continue to improve. The company adheres to the strategy of "focusing+differentiation", actively expands into the mid to high end market, focuses on the development of super fast charging products, and has a leading advantage in industry differentiation. The super fast charging 4C ternary battery product has achieved mass production in the first quarter of 2023, and the development of 4C lithium iron phosphate batteries has been completed, which is basically in line with the advanced level in the industry.


(Reporter Cai Ding)


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