Farasis Energy’s production capacity and inventory status

As of 2022, Farasis Energy's mass production and under-construction capacity has exceeded 100GWh. However, its capacity utilization rate is not high, estimated at around 30%. In addition, the company's inventory product value will be 5.4 billion yuan in 2022, accounting for 47% of revenue, and will drop to 3 billion yuan in 2023, accounting for 19%, but it is still at a high level.