VISION GROUP(SZ:002733)2022-12-08 03:21Group 1: Company Overview and Production Capacity - The company, Shenzhen Xiongtao Power Technology Co., Ltd., has production bases in Shenzhen, Hubei, and Vietnam, with a total capacity of approximately 5 million KVAH for lithium-ion and lead-acid batteries [1] - The company plans to expand its lithium battery production capacity to 75 million Ah, aiming for lithium products to account for 60% of its output, while other products will represent 20% [1] Group 2: Market Strategy and Product Development - The company is focusing on the development of lithium-ion batteries, which have significant advantages over lead-acid batteries in high energy density markets [1] - The company is actively expanding its market presence in telecommunications and renewable energy sectors, utilizing high-performance products and new service models to reduce customer costs [2] - The company aims to integrate existing industry resources and innovate to become a world-class provider of green energy solutions [2] Group 3: Customer Base and Product Applications - The company's energy storage products are primarily used by wind and solar power generation companies, as well as grid enterprises, with main products being lead-carbon batteries and some lithium-ion batteries [2]