Ruipu Lanjun Battery's power battery sales volume fell by 7.2% in 2023, and its gross profit margin turned negative

In 2023, Ruipu Lanjun Battery Company's power battery sales volume was 4.31 billion yuan, a year-on-year decrease of 7.2%. More noteworthy is that its gross profit margin has turned from positive to negative, at -3.1%. In addition, the average price of power batteries is 0.83 yuan/Wh.