On the question of “how can the company anticipate subsequent demand and lithium price trends”, Tianhua Xinneng said at the organization's online conference on July 9 that we still have positive expectations for price trends. In the medium to long term, demand for energy storage is highly sustainable in terms of energy security. Demand from overseas emerging markets continues to exceed expectations. There is still plenty of room for domestic growth, and the increase in AI energy storage can be expected. The trend of electrification of domestic commercial vehicles is accelerating, and the penetration rate of the overseas NEV market is rapidly increasing. Looking at it now, downstream demand is also very strong. Judging from our own production order situation, we can also deepen our judgment on the demand boom. At the same time, our resources and refining have also expanded production a lot at the same time, which is also a major trend in embracing the new energy boom.

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