GOTION(SZ:002074)2022-12-03 10:10Group 1: Production and Operations - The company's current production and operations are normal, with ideal scheduling across factories and ongoing cooperation with major clients, laying a solid foundation for future capacity expansion [2] Group 2: Research and Development - The company has upgraded the energy density of lithium iron phosphate (LiFePO4) cells to 190 Wh/kg, with a system energy density for passenger vehicles exceeding 140 Wh/kg, enabling a range of over 400 kilometers for new energy vehicles. The goal for 2019 is to further increase the cell energy density to nearly 200 Wh/kg [3] Group 3: Strategic Measures and Market Position - In response to subsidy reductions and increasing safety concerns in the new energy vehicle sector, the company emphasizes safety as a priority, applying LiFePO4 batteries in passenger vehicles while enhancing energy density through material and process improvements. This strategy aims to expand market opportunities [3] - The customer base now includes three major sectors: new energy passenger vehicles, buses, and special vehicles. The company has successfully signed contracts with international giants such as Bosch and Tata Motors, marking a significant breakthrough in overseas markets [3]