Anfu Technology recently stated during an institutional research meeting that although there is some overlap in the application fields of primary batteries and secondary batteries, there are still clear boundaries in their main usage scenarios, and there is no complete substitution relationship. In recent years, the trend of household consumer appliances has gradually shifted towards low to medium power consumption, and primary batteries still hold an advantage in these scenarios. In addition, with the continuous emergence of new appliances such as smart locks, home health care devices, and IoT, the demand for primary batteries will exist long-term and maintain stable growth