Lithium manganese iron phosphate products have been mass-produced, and compared with lithium iron phosphate, they have better cost and higher energy density. Previous market rumors have said that M3P batteries will use lithium manganese iron phosphate, including the latest Shenxing batteries, but judging from the disassembly report, it seems that lithium manganese iron phosphate is still not used. Do you have any concerns about lithium manganese iron phosphate?

CATL: Hello investors, our company's M3P batteries have been used in the models of Chery and Huawei, and we are also promoting project cooperation with other customers. Thank you for your attention.