Dear Valued Customer,

Thank you for your long-term trust and support to Docan Energy.
We have always been committed to providing you with high-quality lithium battery products and professional services.

Due to the adjustment of the industry's macro policies and the sharp changes in the cost of the upstream industrial chain, in order to continuously ensure the stability of product quality and supply, after careful research, the company has decided to adjust the prices of all series of lithium battery products, and we hereby give you an official notice.

The core reasons for this price adjustment are three irresistible industry factors:

1. Export tax rebate policy adjustment: According to Announcement No. 2 of the Ministry of Finance and the State Taxation Administration in 2026, the export tax rebate rate for lithium battery products will be reduced from 9% to 6% starting from April 1, 2026, and the tax rebate will be completely cancelled in 2027, which directly increases the export cost of products.

2. Skyrocketing of core raw materials: Since the beginning of 2026, the price of core raw materials for lithium batteries such as lithium carbonate has increased by more than 200%, and the prices of auxiliary materials such as separators and electrolytes have risen sharply at the same time, resulting in continuous intensification of cost pressure in the entire industrial chain.

3. Some manufacturers will focus their key lithium battery production on collaborations with large enterprises in 2026, thus reducing the supply of goods to agents.

The above factors have led to a substantial increase in the company's production costs, which has exceeded the scope of independent digestion by the enterprise. To ensure the normal progress of product R & D, production and delivery, and continue to provide you with stable products and services, the relevant matters of this price adjustment are clearly stated as follows:


✅ Adjustment scope: All series of lithium battery products of the company
✅ Effective time: February 1, 2026 (subject to the order signing date)
✅ Transition policy: Valid orders signed before February 1, 2026 will still be executed according to the original quotation and can enjoy the dividends of the existing export tax rebate policy.

To minimize the impact of this price adjustment on your business planning, we recommend that you lock in your orders as soon as possible. We will give priority to ensuring the order scheduling and delivery of old customers. For long-term cooperative core customers, we will also provide exclusive price connection plans, which can be communicated one-on-one with your dedicated customer manager.

This price adjustment is a common industry problem, not the unilateral behavior of our company. We understand that the price adjustment may bring you inconvenience, and we will continue to strive to control the cost increase through supply chain optimization and technological upgrading, and make the greatest efforts to provide you with cost-effective products and services.

Thank you again for your understanding and support. Docan Energy will always go hand in hand with you to overcome the industry cost pressure and continue to empower your business development. If you have any questions, please feel free to contact us by phone, email and other means at any time.

Best regards!

Docan Energy