ShuDian Co., Ltd.: The company is fully promoting the production base in Thailand to transition from the capacity ramp-up phase to a period of efficient large-scale operation.

Securities Daily Online News: On March 24, Huadian Co., Ltd. responded to investor questions on the interactive platform, stating that the Thailand factory has achieved mass production. Due to factors such as depreciation and labor costs, it has not yet become profitable. The company is fully promoting the transition of the production base in Thailand from the capacity ramp-up phase to a high-efficiency, large-scale operation phase. It is believed that as the utilization rate of Thailand’s infrastructure accelerates and the proportion of high-value-added products continues to optimize, the Thailand production base will steadily achieve operational profitability in the future.

(Editor: Wang Xue’er)

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