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Iv. Opportunities and challenges of Pawa in the field of sodium electricity1. Market demand growth: With the continuous progress of sodium ion battery technology and the acceleration of commercialization, the market demand for sodium ion batteries will continue to grow, providing a broad market space for Pawa shares.1. Technical breakthrough: Although sodium ion battery technology has made some progress, it still needs further breakthrough in energy density and cycle life to meet the market demand.

1. Market demand growth: With the continuous progress of sodium ion battery technology and the acceleration of commercialization, the market demand for sodium ion batteries will continue to grow, providing a broad market space for Pawa shares.3. Industrial and distributed energy storage: The demand for industrial and distributed energy storage systems is increasing gradually. These systems are usually used in micro-grids or enterprise parks, and need stable power supply to support production and daily operation. Sodium ion battery can be applied to some remote areas where it is difficult to access the power grid because of its good performance and high cost performance at low temperature.1. Technical breakthrough: Although sodium ion battery technology has made some progress, it still needs further breakthrough in energy density and cycle life to meet the market demand.

3. Supply chain stability: The stability of raw material supply for sodium ion batteries is very important for the development of industrial chain. Pawa shares need to strengthen cooperation with suppliers to ensure the stable supply of raw materials and cost control.Pawa Co., Ltd. is mainly engaged in the research and development, production and sales of new energy battery materials, focusing on the subdivision direction of cathode materials for lithium-ion batteries and sodium-ion batteries, and actively deploying forward-looking fields such as semi-solid/solid-state batteries. In the field of sodium ion batteries, Pawa has mastered the core technology of precursor synthesis of sodium anode materials, and accelerated the research and development and industrialization of related products.Opportunity: