During the corresponding time, Xt Energy Group Inc saw a revenue deteriorated by -97.27 % year on year, sequentially revenue fell by -92.24 %. While revenue at the Xt Energy Group Inc 's corporate clients
Xt Energy Group Inc's Comment on Sales, Marketing and Customers
We market our products through third-party distributors in 24 provinces and through
employees for direct sales. The distributors exclusively sell our products and
receive commissions based on the value of the contracts but no salary. We utilize
three classes of distributors based on the size of their territory – provincial,
city and town. The distributors target both factories and power plants, but also
local governments which may encourage local industry to utilize alternate energy
sources. Our marketing focus is on:
Large scale power plants that sell power to the National Grid or service zones
that are off the grid and benefit from government subsidy policies.
Industrial concerns with large electricity demand, in excess of one megawatt,
to establish their own power generation facilities to benefit from government
subsidy policy to reduce operating costs by either being off the National Grid,
reducing their purchased from the grid during peak periods or being able to
store energy when the grid is not purchasing power.
Industrial and mining companies operating in remote locations which lack connections
to the National Grid to create self-sufficient systems.
