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Some investors asked Grubbo questions on the interactive platform. However, factors such as the North American rate were not within the company's control, causing the transformation to be ineffective or even a failure. At the same time, the market believed that the company's main experience was on lawnmowers, but actual sales and results were not ideal, or even very poor. The company's internal value revealed more and more problems. The company's internal value has been showing more and more problems. For other new businesses, such as cooperation with Zhiyuan, it has been slow to land. This also makes the market think that the company is overly conservative and lacks explosive power. Thoughts. Grubbo replied that lithium battery commercial mowing equipment is the company's key layout category. The lithium battery penetration rate of commercial lawn mowing equipment is still very low. Lithium battery products are still in the market expansion and cultivation period, and it will take some time for the product to be released. At the same time, external factors such as high rates in North America will indeed put some pressure on the promotion of new commercial products. The company's management will continue to review various issues in the operation and project promotion process to balance risk control and commercial viability in the process of promoting new businesses. The company will focus on its main business, continue to polish products, and return the majority of investors with actual operating results.
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Some investors asked Grubbo questions on the interactive platform. However, factors such as the North American rate were not within the company's control, causing the transformation to be ineffective or even a failure. At the same time, the market believed that the company's main experience was on lawnmowers, but the actual sales volume and results were not ideal, or even very poor. The company's internal value revealed more and more problems. The company's internal value is showing more and more problems. For other new businesses, such as cooperation with Zhiyuan, it has been slow to land. This also makes the market think that the company is overly conservative and lacks explosive power. Thoughts. Grubbo replied that lithium battery commercial mowing equipment is the company's key layout category. The lithium battery penetration rate of commercial lawn mowing equipment is still very low. Lithium battery products are still in the market expansion and cultivation period, and it will take some time for the product to be released. At the same time, external factors such as high rates in North America will indeed put some pressure on the promotion of new commercial products. The company's management will continue to review various issues in the operation and project promotion process to balance risk control and commercial viability in the process of promoting new businesses. The company will focus on its main business, continue to polish products, and return the majority of investors with actual operating results.
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