Group 1 - The company launched 23 projects in Q1 2025, with 60.9% being new energy vehicle projects, totaling 14 projects, which account for 65.2% of all projects in the Asia-Pacific region [1] - Strong orders from Chinese new energy vehicle manufacturers were highlighted, covering REPS, DPEPS, and the latest RWS systems [1] - The company aims for an annual order target of $5 billion, with Q1 orders reaching $800 million, representing 16.0% of the annual target [1] Group 2 - The U.S. government proposed to ease regulations on autonomous vehicles, which will benefit the company's autonomous driving-related business and advanced steering systems [2] - The company is actively collaborating with clients and suppliers to optimize supply chains and production strategies to mitigate market uncertainties, especially regarding U.S. import policies [1] - The company is ensuring compensation from clients to offset costs related to non-exempt tariffs [1]

股票代码：600617 900913 股票简称：国新能源 国新 B 股 编号：2025-017 山西省国新能源股份有限公司 关于参加山西辖区上市公司 2025 年投资者网上 集体接待日活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、说明会类型 为进一步加强与投资者的互动交流，山西省国新能源股份有限公司（以下简 称"公司"）将于 2025 年 5 月 20 日（星期二）14:00-17:00 参加由山西证监局、 山西省上市公司协会与深圳市全景网络有限公司联合举办的"山西辖区上市公司 2025 年投资者网上集体接待日暨年报业绩说明会"。届时公司高管将在线就公司 2024 年度业绩、公司治理、发展战略、经营状况、融资计划和可持续发展等投 资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与！ ● 活动时间：2025 年 5 月 20 日（周二）14:00-17:00 ● 活动方式：网络远程方式 ● 活动登陆网址：http://rs.p5w.net 董事、副总经理、董事会秘书张帆先生，总会计师 ...

Core Insights - EVE Energy held its first Commercial Vehicle Battery Technology Day and launched eight new open-source battery products to meet the growing demand in the commercial vehicle sector [2][3][4][6] Industry Trends - The penetration rate of new energy commercial vehicles in China has reached 20%, entering a phase of rapid growth, with new energy VANs exceeding 40% penetration [2] - The electric engineering machinery market is expected to exceed 80 GWh by 2030, becoming the third growth driver after passenger and commercial vehicles [2] - The export of Chinese commercial vehicles is anticipated to experience a new growth curve [2] Product Launches - EVE Energy introduced the LF125P-41.86 kWh battery for the micro-van market, capable of charging from 20% to 80% SOC in just 18 minutes [2] - The LM254-160 kWh battery for light trucks supports a range of 400 kilometers and maintains 85% energy efficiency at -20°C [3] - Four heavy-duty truck batteries were launched, including the LF230P-453 kWh, which can charge from 10% to 80% SOC in 18 minutes and is expected to generate an annual operational revenue increase of 50,000 yuan for users [3] - The LF420-563 kWh battery features a height reduction of 600 mm while maintaining similar weight to the 423 kWh battery, catering to short-haul transport needs [4] - The LF324S-43.8 kWh battery for buses offers a 10-year warranty and a system energy density of 170 Wh/kg [6] - The LF628-350 kWh battery for engineering machinery supports high integration and quick assembly [6] Technological Advancements - EVE Energy upgraded its LMX chemical material system, achieving a 15% increase in range and reducing charging time in low temperatures from 60 minutes to 40 minutes [6] - The overall system design has reduced the number of components by 50% while increasing system energy by 25% [6] - A cloud platform has been established for remote monitoring and analysis of battery packs, enabling early fault warnings [6]

Core Viewpoint - The Chinese electric vehicle (EV) industry is rapidly evolving from a "follower" to a "leader" on the global stage, driven by technological advancements in battery technology, fast charging, and intelligent design [1][2]. Group 1: Technological Advancements - Significant progress in battery technology has enhanced vehicle performance, achieving a balance between energy density, safety, and cost control, which benefits both mid-range and high-end models [1][2]. - The widespread adoption of fast charging technology is alleviating consumer concerns about range anxiety, with vehicles on an 800V platform able to charge from 10% to 80% in just 10-15 minutes [2]. - Continuous improvements in intelligent features, such as interactive smart cockpits and advanced driver assistance systems, are becoming central to industry competition, with these features now available in vehicles priced under 100,000 yuan [2][3]. Group 2: Challenges and Future Directions - To succeed globally, Chinese automakers must enhance their understanding of international standards, including safety, data privacy, and quality control [2][3]. - Establishing localized teams and brand systems is crucial for adapting to different market needs, particularly in charging infrastructure and smart cockpit support [3]. - Strengthening the automotive supply chain is essential for integrating Chinese manufacturers into the global market, requiring collaboration between vehicle manufacturers and local parts suppliers [3]. - Emerging technologies such as L4 autonomous driving and flying cars represent new frontiers for the development of China's EV industry, showcasing its potential for future growth [3].

Core Viewpoint - The report highlights the significant opportunities for Chinese renewable energy companies in the European and American markets, driven by favorable policies, market demand, and competitive advantages in sectors like photovoltaics, energy storage, and wind power [1][2]. Group 1: Market Opportunities - Europe is identified as a core region for Chinese renewable energy companies due to its vast market space, high profitability, and supportive policies [1]. - The demand for energy storage is expected to grow significantly as Europe continues its energy transition, which will enhance trade in storage products between China and Europe [1]. - The intelligent and digital transformation of the power grid in Europe and America presents substantial investment opportunities for the entire power grid industry chain [2]. Group 2: Competitive Advantages - Chinese renewable energy companies possess a complete industrial chain, excellent production efficiency, and cost control, positioning them favorably in the global market [2]. - The shift from merely exporting products to extending production, services, and supply chains indicates a strategic evolution for Chinese companies aiming to enter developed markets [2]. Group 3: Strategic Recommendations - Future "going out" enterprises should consider expanding from a "China +1" model to a "+N" model, focusing on policy-friendly regions to enhance market responsiveness [3]. - Companies are encouraged to build a dual strategy of core technology-driven growth and brand development to establish a competitive foothold [3]. - In the energy storage sector, enhancing technical barriers such as energy density and cycle life, along with creating an ecosystem through "technology + scenario + service," is essential for building a competitive edge [3].

Core Insights - The report by KPMG China analyzes the strategic pathways and solutions for Chinese renewable energy companies entering the European and American markets, highlighting the significant opportunities despite a challenging external environment [1] - The demand for smart and digital upgrades in the European and American power grids presents substantial investment opportunities for the entire power industry chain, positioning China favorably in the global market [1] - The report continues the research framework established for the Middle East and Southeast Asia, focusing on the policy environment, market demand, and competitive landscape in the fields of photovoltaics, energy storage, and wind power [1] Industry Trends - Chinese renewable energy enterprises are evolving from merely exporting products to extending their reach into production, services, and supply chains [2] - There is a growing need for Chinese companies to thoroughly research the high regulatory and compliance requirements of developed markets and to establish systematic strategic planning and layout [2]

Market Overview - The global aluminum battery box market for electric vehicles is experiencing strong growth, with sales expected to reach $2.29 billion in 2024 and projected to soar to $13.81 billion by 2031, reflecting a compound annual growth rate (CAGR) of 29.7% [3][5]. Market Analysis and Development Trends - The rapid development of electric vehicles is a key driver for the growth of the aluminum battery box market. Global electric vehicle sales surpassed 10 million units in 2022, marking a 61% year-on-year increase, with China and Europe being the main growth engines. In 2022, China's production and sales of new energy vehicles reached 7.058 million and 6.887 million units, respectively, representing year-on-year growth of 96.9% and 93.4% [5][6]. Technological Innovations and Trends - Technological advancements are significantly impacting the development of the aluminum battery box market. Improvements in lightweight, high strength, and corrosion resistance are enhancing the role of aluminum battery boxes in electric vehicles. As battery technology progresses and costs decrease, the demand for aluminum battery boxes is expected to grow further [7]. Application Areas and Market Segmentation - The aluminum battery box market for electric vehicles is witnessing rapid growth across various application areas, including both civilian and military sectors. There is an increasing demand for customized solutions tailored to different vehicle models and usage scenarios, necessitating comprehensive and professional consulting services to meet diverse customer needs [8]. Competitive Landscape and Leading Enterprises - The competitive landscape of the aluminum battery box market for electric vehicles is taking shape, with leading enterprises leveraging advanced technologies and strong market influence. However, there remains ample opportunity for emerging companies to enter the market. As technology continues to advance and the market matures, the competitive landscape is expected to optimize further, providing growth opportunities for more enterprises [9].

国浩律师（上海）事务所 关于 山西省国新能源股份有限公司 2024 年年度股东大会 之 法律意见书 上海市静安区山西北路 99 号苏河湾中心 MT25-28 楼 邮编：200085 25-28/F, Suhe Centre, 99 North Shanxi Road, Jing'an District, Shanghai, China 电话/Tel: (+86)(21) 5234 1668 传真/Fax: (+86)(21) 5234 1670 网址/Website: http://www.grandall.com.cn 二〇二五年五月 国浩律师（上海）事务所 法律意见书 国浩律师（上海）事务所 关于山西省国新能源股份有限公司 2024 年年度股东大会 之 法律意见书 致：山西省国新能源股份有限公司 作为具有从事中国法律业务资格的律师事务所，国浩律师（上海）事务所（以 下简称"本所"）接受山西省国新能源股份有限公司（以下简称"公司"）的委托， 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国 证券法》（以下简称"《证券法》"）等法律法规及规范性文件的规定，指派本所 律师出席公司2024 ...

证券代码：600617 证券简称：国新能源 公告编号：2025-015 山西省国新能源股份有限公司 2024年年度股东大会决议公告 (一)股东大会召开的时间：2025 年 5 月 7 日 (二)股东大会召开的地点：山西示范区中心街 6 号西座，四层 8 号会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 194 | | --- | --- | | 其中：A 股股东人数 | 187 | | 境内上市外资股股东人数（B 股） | 7 | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,088,118,931 | | 其中：A 股股东持有股份总数 | 1,087,987,657 | | 境内上市外资股股东持有股份总数(B 股) | 131,274 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 份总数的比例（%） | 56.4028 | | 其中：A 股股东持股占股份总数的比例（%） | 56.3960 | | 境内上市外资股股东持股占股份总数的比例（%） | 0.0068 | (四)表决方式是否符合《公司法》及《公司章程 ...

股票代码：600617 900913 股票简称：国新能源 国新 B 股 编号：2025-016 山西省国新能源股份有限公司 第十一届董事会第一次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 山西省国新能源股份有限公司（以下简称"公司"）第十一届董事会第一次 会议于2025年5月7日,以通讯表决的方式召开。此次会议的通知经全体董事同意 豁免了通知期限,于会议当天以电子邮件方式通知全体董事，并同意推选董事李 晓武先生担任此次会议的主持人。本次会议应出席董事11名，实际出席董事11 名，公司监事及高级管理人员列席了会议。本次会议的召集、召开和表决程序符 合《公司法》《公司章程》及有关法律法规的规定。 二、董事会会议审议情况 经与会董事审议表决，形成会议决议如下： 议案一：审议通过《关于选举公司第十一届董事会董事长的议案》 经公司2024年年度股东大会审议通过，李晓武先生担任公司第十一届董事会 董事，现根据《公司章程》规定，董事会同意选举李晓武先生为公司第十一届董 事会董事长。 表决结果：同意1 ...