Greenway(SH:688345)2023-11-17 10:36Group 1: Market Expansion - The company is actively participating in overseas exhibitions and visiting key customers and partners to expand its market in Southeast Asia and Africa [2][3]. Group 2: Production Capacity - The large cylindrical battery cells have entered mass production, with capacity influenced by market demand and ramp-up factors. They are primarily used in electric motorcycle batteries and portable energy storage products [3]. Group 3: Financial Performance - The profit for the first three quarters of 2023 has decreased due to market changes, product and customer structure shifts leading to a decline in gross margin, increased R&D investment, and losses from credit impairment and inventory depreciation [3]. Group 4: R&D Investment - R&D investment for the first three quarters of 2023 reached 98.3653 million yuan, a year-on-year increase of 14.62%, accounting for 5.55% of operating revenue. The focus is on research and development of lithium-ion battery packs and cells [3]. Group 5: Product Application - The company's lithium batteries are currently applied in electric light vehicles [3]. Group 6: Disclosure Information - The activity does not involve the disclosure of any significant information [4].