Swiss media reported that the bankruptcy of Northfall Corporation was attributed to Chinese equipment suppliers. Chinese Embassy in Sweden: Typical of shifting blame.

The spokesperson of the Chinese Embassy in Sweden responded to questions from journalists regarding Swedish media reports attributing the bankruptcy of Northvolt to Chinese equipment suppliers: Recently, some Swedish media reports claimed that untested machines and equipment produced in China caused the bankruptcy of Northvolt. What is your comment on this? It is completely unfounded and typical of shifting blame. Wuxi Lead Intelligent, as a leading global provider of new energy equipment services, strictly follows international standards for all equipment exported to the European Union and has obtained CE certification through third-party professional organizations. The products fully comply with EU safety and technical standards, and there is no such thing as "untested" or "technical defects." The company's equipment is sold to many countries and regions worldwide and has been in stable operation in production lines in Germany, France, Hungary, and other countries, receiving widespread recognition in the international market. Wuxi Lead Intelligent is a publicly listed private enterprise with transparent ownership structure, and its business operations are based on market principles. Any attempt to politicize normal business cooperation is irresponsible speculation. We hope that relevant parties will objectively and fairly view the positive contributions made by Chinese new energy companies and their products in promoting global green development, and work together with China to promote greater progress in sustainable development in all countries.