Shanghai Phoenix actively plans to launch a Lithium Battery assisted electric bike project, and penalties will be imposed. Damaged shareholders can claim compensation

On January 29th, Shanghai Phoenix answered multiple investor questions on the interactive platform.

In response to the investor's question, "What are the innovative online marketing methods of the company? Does the company have investment in Xiaohongshu, Tiktok, etc.", Shanghai Phoenix said that online sales has always been one of the company's important marketing channels. In recent years, the company has actively promoted online marketing, and has adopted platforms such as JD, Tmall, Ali International to open stores, and settled in live broadcast platforms such as Tiktok, Xiaohongshu, etc, And promote the brand and increase sales through cooperation with internet celebrities to promote sales.

As a national time-honored brand, does the company have any industrial deployment related to Lithium Batteries and Lithium Battery materials in the layout of Electric Bicycles and power assisted E Bike ? Shanghai Phoenix replied that the company is actively expanding its Lithium Battery assisted Electric Bicycle project, but currently does not involve Lithium Battery production business.