Guangzhou Great Power Energy&Technology Co.Ltd(300438) : on the one hand, the company’s capacity expansion is based on industry research, on the other hand, it is also based on the actual situation of contact and cooperation between business departments and customers

After AI newsletter, some investors asked on the investor interaction platform: the company invested 6 billion to build a smart energy storage and power battery manufacturing base. Please answer the necessity and whether there is blind expansion. At present, there are many new similar projects in China. How can the market guarantee orders after they are put into operation. Are there any major customers or contracts of interest? The company is at the forefront of the industry in terms of patent reserves. It hopes to convert patents into products. Energy storage is a national key development direction. What are the advantages of energy storage at present? Are there any potential customers for energy storage? The company issued a notice of price increase. How about the current order situation and production situation? Can you predict the increase in profits after the price increase? I hope the Secretary of the board of directors will answer Thank you positively.

Guangzhou Great Power Energy&Technology Co.Ltd(300438) (300438. SZ) said on the investor interaction platform on December 26 that on the one hand, the company’s capacity expansion is based on industry research. According to the survey of relevant research institutions, the average annual compound growth rate of the market scale of the energy storage industry will be more than 60% in the next few years, and the company must expand its capacity to meet the demand of market express growth; On the other hand, it is also based on the actual situation of contact and cooperation between business departments and customers. At present, customer demand is strong, and the company’s existing production capacity can not be met. For the newly expanded production capacity at the end of this year, there are more customers with cooperation intention, and a number of large orders have been received at present. In short, the company’s capacity expansion speed matches the market demand and is relatively stable among peers.

(Daily Economic News)

 

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