Great Power Energy has issued its 2024 annual performance forecast, anticipating a net loss attributable to shareholders of the listed company within the range of RMB 165 million to RMB 232 million. This marks a stark contrast from the profit of RMB 43.102 million recorded in the corresponding period of the previous year. The primary factor contributing to this performance downturn is the steep decline in the price of upstream material lithium carbonate, which has consequently triggered a significant reduction in the selling prices of the company's energy storage lithium battery products, adversely impacting both revenue and gross profit margins. Furthermore, the company has incurred substantial provisions for inventory impairment and bad debts at the close of the period. It is crucial to note that the figures presented in this performance forecast have yet to undergo an audit by a professional auditing institution.