According to the recent investor relations activity record of Jingke Energy, the first quarter of 2024 was a traditional off-season of demand due to reasons such as the Spring Festival holiday and weather. The industry chain production scheduling was relatively low, especially the P-type production capacity operating rate in the industry decreased rapidly. The company benefits from the advantages of N-type technology, with high order saturation and a leading operating rate in the industry, with the N-type battery segment approaching full production.