Core Viewpoint - Chuangming New Energy is actively expanding its overseas market presence with the launch of its first batch of battery products from its Mianyang base, which features advanced technology and long lifespan capabilities [1][2]. Group 1: Product Launch and Technology - The first batch of exported products consists of 32 series wide-temperature full-tab long-life lithium iron phosphate cylindrical batteries, which utilize full-tab technology to reduce internal resistance by 90% and maintain stable performance in extreme temperatures ranging from -30°C to 60°C [1]. - The batteries have a lifespan of over ten years and are considered to be at a leading level domestically [1]. - These products are well-received by overseas customers and can be applied in various fields, including electric vehicles, electric two-wheelers, home energy storage, base station storage, container storage, and robotics [1]. Group 2: Production Capacity and Infrastructure - Chuangming is establishing a global production network with five digital smart factories and the first wide-temperature quasi-solid-state cylindrical digital high-speed production line in the country, leading the industry in compatibility, data, and efficiency [2]. - The Mianyang base is a key production facility in Southwest China, featuring fully automated production processes from material feeding to packaging [2]. - The Mianyang project, signed in September 2022, is a significant investment project with a planned annual production capacity of 10 GWh once fully operational [2]. Group 3: Market Expansion and Competitive Position - The Mianyang production line is currently ramping up production, focusing on potential markets in Europe, Southeast Asia, India, and Africa, while engaging in technical and business negotiations with numerous overseas clients [3]. - With the official export of products, Chuangming New Energy is expected to further open up its market space overseas, solidifying its competitive position in the cylindrical battery market [3]. - According to data from Qidian Research Institute, Chuangming ranks tenth in global cylindrical battery shipments, with a year-on-year growth of 24% expected in 2024 [3].