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Saturday, May 14, 2022 9:11:58 PM
https://16iwyl195vvfgoqu3136p2ly-wpengine.netdna-ssl.com/wp-content/uploads/2020/04/FoxESS-SpecialEdition2020.pdf
Does this say how many shares of Foxess or what percentage of shares Tsingshan own? It could be any number of shares as this statement is either deliberately or unknowingly vague.
"What is the relationship with Tsingshan Holding Group like for FoxESS?
As the world’s largest stainless steel company, Tsingshan Group is a great, visionary
company. It has set up a full industrial chain for lithium-ion batteries, and FoxESS is
an extended application of its battery business.
We have mature inverter and storage products and solutions, and with the support of
lithium-ion batteries from Tsingshan, we are in a powerful position for cost control –
so we have sharp competitiveness. Actually, we have been granted infinite support fromTsingshan for exploring markets and global expansion."
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