Fluence Signs First Commercial SUBRE Order in China, page-24

This would just my conjecture. To step up production to 3 shifts by 4Q this year, and not a gradual stepping up from 2, reassessing the needs and then to 3 shifts, to me, it indicates a quantum leap of demand/orders is expected in the next 4 months.

Taking your sale revenue of US$10,000 per MABR unit, let’s say 90% production capacity producing 6,750 unit in 2020. We would be expecting $67.5m revenue just on MABR sale, plus other packaging, plus Nirobox, the smart package solution segment alone of our 3 pillars will be looking at more than $75m. This is our high margin segment.

Plus SQ, IC etc, 2020 is going to be a fantastic year.