The unit price of Defang Nano products has dropped, and its gross profit margin is lower than that of Hunan Yuneng

The unit price of Defang Nano's products further dropped to 42,000 yuan/ton in the first quarter of 2024, making the company's product gross profit margin lower than Hunan Yuneng for the first time. In addition, Defang Nano's selling price is also lower than Hunan Yuneng, and its inventory is higher than Hunan Yuneng and Wanrun New Energy.