[Guoxuan Hi-Tech: has not received Volkswagen's intention to increase or reduce its stake in the company] May 14, according to the record of Guoxuan Hi-Tech investor relations activities, Guoxuan Hi-Tech said at an investor telephone exchange meeting on May 12 that at present, the company has not received the intention of Volkswagen to increase or reduce its stake in the company. The two sides are also exploring more ways of cooperation in the future capital level and overseas layout. In addition, as the only designated supplier of Volkswagen standard cell products, the 20GWh Volkswagen standard cell project (10GWh Ternary and 10GWh Lithium Iron Phosphate) is expected to be put into production in the third quarter of this year.