Penghui Energy Addresses Investor Concerns on Applications

Business by 2FIRSTS.ai
Apr.10.2024
Penghui Energy Addresses Investor Concerns on Applications
Penghui Energy (300438) responds to investor concerns regarding battery products for drones on investor relations platform.

Recently, Shanghai Stock Exchange listed company Penghui Energy (300438) responded to questions of interest from investors on the investor relations platform.

Penghui Energy Addresses Investor Concerns on Applications
Question and answer details | Image source: Interactive Easy

 

In response to questions from investors about the company's battery products in the drone field, Penghui Energy stated that its subsidiary, Foshan City Shida Technology Co., Ltd., mainly focuses on the research and development, production, and sales of high-rate lithium-ion batteries. These battery products are primarily used in downstream applications such as automotive emergency start power sources, e-cigarettes, drones, and model toys. The company's drone batteries are currently mainly used in agricultural plant protection drones, firefighting drones, and other scenarios, but cannot yet be applied to flying cars or low-altitude logistics aircraft.

 

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