Penghui Energy plans to invest 8.3 billion to expand production capacity

Penghui Energy plans to invest 8.3 billion yuan in capacity expansion in the coming months, of which 7.3 billion yuan is clearly invested in energy storage. However, Penghui Energy's capacity utilization rate is only 58.48%, far lower than other companies in the industry, which may mean that the newly added capacity may face the risk of insufficient market demand.