German Nano said at the performance briefing on August 27 that in the first half of this year, benefiting from the rapid growth of the global energy storage market, the company achieved a significant increase in shipments of lithium supplement enhancer products, with a year-on-year increase of more than 300%, continuing to consolidate the leading position of this product in the market. The application process of products in overseas application fields such as energy storage, AIDC, and semi-solid state batteries continues to expand, and application boundaries continue to expand, and it is expected to maintain a rapid growth trend throughout the year. If overseas policies do not fluctuate drastically and targeted projects are implemented as scheduled, it is expected that shipments of lithium supplements will continue to grow rapidly next year.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.