According to Sina News, insufficient orders from Zhongchuang Singapore Airlines led to the resignation of some employees, and the supply and demand of power batteries are now greater than the demand. Judging from the current market supply and demand of power batteries, by the end of 2022, the annual output of power batteries in China has reached 545.9GWh, a year-on-year increase of 148.5%, while the sales volume of power batteries in the same period was 465.5GWh, which has shown overcapacity. Therefore, due to the company's insufficient orders, it is impossible to accommodate all former employees, and in order to stop losses in time, it is necessary to lay off employees. However, due to the oversupply of power batteries, the layoffs of Zhongchuang Singapore Airlines may not stop there, but will be more serious.

Zhongchuang Singapore Airlines (formerly AVIC Lithium Battery) is the world's leading new energy technology enterprise, committed to becoming an energy value creator, building an all-round energy operation system, and providing perfect product solutions and life cycle management for the new energy full-scenario application market represented by cars, ships and energy storage.