Recently at the Summer Davos Forum, CATL Chairman Zeng Yuqun gave a speech and said that in the environment of new energy roll prices, value is the most important. In addition, when responding to being called "Juan King", Zeng Yuqun said: "There is no such thing as "Juan King", and I don't know what the word "Juan" means. (This word) is used a lot, probably their idea is to The price is set relatively low, which is called "volume" and price competition. He stressed, "In fact, the last thing we at CATL do is compete on price. As we just mentioned, we have invested so much. We are not talking about price competition, but value competition."