On November 14, Geloonghui announced that Huabao New Energy (301327.SZ) has stated on the investor interaction platform that the company will no longer engage in the production and sales of power banks. Since 2015, the company has pioneered a new category of portable energy storage. As a global leader in portable energy storage and a pioneer in all-scenario household green electricity, the company adheres to the mission of 'making green energy ubiquitous' and is committed to promoting a green and low-carbon transition for people around the world. It has successfully created the 'Jackery' outdoor power supply expert brand. With its continuously enhanced global brand power and product competitiveness, by the third quarter of 2024, its portable energy storage and photovoltaic products will have covered over 50 countries and regions, selling nearly 5 million units cumulatively, firmly maintaining its leading position in global sales.