Huasheng Lithium Battery: Will adjust the price of electrolyte additives in response to market changes.

On September 22, HuaSheng Lithium disclosed an investor relations activity record. HuaSheng Lithium stated that starting from 2021, the demand for additive products has exceeded supply and the selling prices are higher, attracting a significant number of enterprises to enter the electrolyte additive business with large-scale production expansion. With the gradual release of new production capacity for electrolyte additives in the industry, the market is gradually experiencing an oversupply situation. The sales prices of VC and FEC have decreased significantly. The company's product pricing will be dynamically adjusted according to market conditions based on supply and demand, raw material prices, and other factors.