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5、 Why did the company acquire BASF (Suzhou) and what are its advantages?

Answer: During the industry consolidation period, the company acquired BASF's electrolyte business in China. While increasing the company's electrolyte production, it also improved its patent layout in the electrolyte field, strengthened its technical advantages in the electrolyte field, expanded its international influence in the electrolyte business, and consolidated its leadership position in the global electrolyte field.

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