Core Viewpoint - The company is facing challenges in its new energy segment due to declining battery prices and low capacity utilization, which have negatively impacted its gross margin [2]. Company Summary - The subsidiary, Haiji New Energy, specializes in the research, production, sales, and service of lithium-ion batteries and battery packs [2]. - The negative gross margin in the new energy segment is attributed to a decline in battery product prices, low capacity utilization, and ineffective allocation of fixed costs [2]. - The company is actively expanding its sales channels and seeking to connect with overseas customers to achieve export growth and improve capacity utilization [2].