Sugo's overseas listing is positive or negative

Positive.

Can be used to describe the joint venture between Sugo and BASF, there is no problem at all, BASF as an international chemical giant, the main advantage of having:

(1) the world's leading automobile companies to cooperate with the resources, BASF is the brand and quality assurance and endorsement, BASF is a German company, the European automobile brands who do not buy BASF face; (2) Has international-level ternary patents and technology, BASF has the United States Argonne National Laboratory (ANL) ternary patent authorization, in ternary technology reserves are also many. (3) Certain lithium resources reserves, as an international chemical giant, the company undoubtedly has a certain variety of anode material resources around the world, many just did not develop it, although not as good as SQM, etc., but casually squeeze enough joint venture leapfrog development. These three points are precisely what Sugo lacks the most. What Sugo has is a huge production capacity, the total production capacity is not less than when the rise, Rongbai, there is China's cost advantage, China's market advantage, which is BASF's most lack of.