Baobian Electric: Currently has a sufficient order backlog, with overseas orders accounting for approximately 15%-20% | Earnings Call Highlights

① The company currently has a sufficient order backlog, with production capacity meeting demand. Among the existing orders, overseas orders account for approximately 15% to 20%. ② General Manager Liu Dongsheng stated that the global transformer market remains highly robust, with expectations of significant demand in the short term from renewable energy grid integration and AI computing power sectors, where supply-demand gaps still persist.

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