According to the financial report released by the world's largest lithium miner, Yabao, its net sales in the second quarter decreased by 40% year-on-year to $1.4 billion, mainly due to the lower pricing of energy storage; Net loss of $188 million, or diluted loss per share of $1.96 attributable to common stockholders, including $215 million in after tax expenses related to capital account asset write offs and related contract cancellation costs; The adjusted diluted earnings per share attributable to common stockholders are $0.04.