In response to an investor query on an interactive platform, GEM stated that it has proactively implemented a strategy to improve quality and efficiency in its core new energy materials manufacturing business. The company has adjusted its sales structure and customer mix, increasing sales of high-end products while reducing sales of lower-margin items. Currently, GEM's high-nickel and high-voltage products account for over 90% of total shipments, significantly enhancing the company's product competitiveness and risk resilience. The capacity utilization rates for GEM's nickel and cobalt products remain at relatively high levels within the industry.
Written by Cora Ji, jiruyan@mysteel.com
