Is there overcapacity in the power battery industry at present? Who are the company's main customers?

CATL: Dear investors, high-quality production capacity has always been scarce. The production capacity of different lithium battery companies is significantly different, and the differences mainly come from the company's technological innovation, manufacturing capabilities, management level, etc. Power batteries have extremely high requirements for safety and quality. The production of inferior power batteries has a great impact on the industry, not only affecting the safety of consumers, but also wasting resources for the entire industry. Thank you for your attention.