Regarding the reason for the month-on-month increase in inventory in the third quarter, Ningde Times responded that the increase in inventory value in the third quarter was brought about by the development of the company's business scale, but the number of days the company's inventory turnover has been relatively stable in recent quarters, and there have been no poor sales or poor shipments, which is a normal inventory turnover. Judging from the inventory structure, the increase is mainly due to the issuance of products, which will gradually be reflected in the company's revenue in the future. In terms of energy storage, the company is also expanding from selling batteries and DC side products to providing AC side and system products. The product structure and form are richer than in the past, but the corresponding delivery and revenue confirmation cycle has been extended compared to the past.

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