Is the progress of cooperation with Alibaba's data center going smoothly? Xinte Electric responds.

An investor asked Xinte Electric, as a manufacturer of core components for SST, who are the downstream customers? Is cooperation with Alibaba Data Center progressing smoothly? On October 12, the company responded that the downstream of its magnetic components such as medium- and high-frequency isolation transformers is mainly power electronic system integration, covering leading enterprises in the data center power supply and distribution field. The company is currently advancing in an orderly manner the application of phase-shifting transformers in data centers. For relevant business progress, please pay attention to the company's subsequent periodic reports and relevant interim announcements disclosed on the Shenzhen Stock Exchange's designated information disclosure platform.