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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.2. Market competition: With the rapid development of the sodium ion battery market, more and more enterprises will enter this field, and the market competition will be more intense. Pawa shares need continuous innovation and research and development to improve product quality and performance in order to stand out in the market.

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.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.As a new energy storage technology, sodium ion battery has a broad development prospect. First of all, sodium resources are abundant and widely distributed on the earth, mainly in the form of sodium chloride (salt), which makes the raw material cost of sodium ion batteries relatively low. Secondly, the sodium ion battery has little environmental impact in the manufacturing process, and it is easy to realize environmental protection recycling, which conforms to the concept of sustainable development. In addition, with the technical breakthrough and the realization of large-scale production, the performance of sodium ion batteries will be further improved and its commercialization process will be accelerated.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.