On August 15th, NARADA stated in a conference call that the company's civilian lithium battery business mainly focuses on battery swapping and vehicle distribution. By collaborating with vehicle manufacturers and using a distributor model for product promotion, as the new national standards are implemented, the safety performance requirements for civilian lithium batteries will become increasingly stringent, leading to a survival of the fittest. The company will also launch semi-solid civilian lithium battery products in the second half of the year