Zhuhai Guanyu adjusts power battery planning

Due to fierce competition in the power battery industry, Zhuhai Guanyu has adjusted its automotive low-voltage lithium battery business and positioned it as the company's advantageous project and core business. In addition, Zhuhai Guanyu has also received a notice from Stellantis that it will develop and supply 12V automotive low-voltage lithium batteries for Stellantis, and the project is scheduled to start mass production in 2026.