SVOLT Energy initiates deep transformation to meet industry challenges

Faced with changes in the industry, overcapacity, price competition and other issues, Honeycomb Energy has launched a deep transformation since January, including shrinking its industrial layout, eliminating the last-place and poor-performing personnel, scientifically scheduling production, reducing staff and increasing efficiency, etc. Yang Hongxin, chairman of Honeycomb Energy, said on Weibo that the company will actively respond to challenges and seek development.