Recently, the company established Ningde Electric Ship Technology Co., Ltd. How does the company view the development trend and market capacity of the electric ship industry? What layout work has the ship electrification company done? Secretary, please give a detailed introduction, thank you!

CATL: Hello investors, CATL takes electrification + intelligence as the core to achieve integrated innovation in market applications. In the field of electric ships, the company is committed to the development and application of technologies and products related to marine power battery systems to promote the green zero-carbon transformation of ships. The company has carried out technological innovation through scientific research projects and demonstration projects, and has become one of the first domestic power battery manufacturers to obtain China Classification Society (CCS) certification in terms of battery cells, battery packs, BMS, etc.