Group 1 - The core point of the article is that Keda Intelligent (SZ 300222) held its sixth board meeting on December 19, 2025, to discuss the adjustment of members in some specialized committees [1] - For the first half of 2025, Keda Intelligent's revenue composition was 98.75% from industrial production intelligence and 1.25% from other businesses [1] - As of the report date, Keda Intelligent's market capitalization was 8.2 billion yuan [1]

本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 科大智能科技股份有限公司（以下简称"公司"）第六届董事会第九次会议 于2025年12月19日在公司会议室以现场和通讯表决相结合的方式召开。全体董事 一致同意豁免本次会议通知时间要求，本次会议以口头方式发出会议通知，全体 董事已经知悉本次会议所议相关事项的必要信息。本次会议应出席董事7人，实 际出席董事7人。本次会议由董事长黄明松先生主持。本次会议的召集、召开符 合《公司法》《深圳证券交易所上市公司自律监管指引第2号——创业板上市公 司规范运作》《公司章程》和公司《董事会议事规则》的有关规定，会议合法有 效。 科大智能科技股份有限公司 证券代码：300222 证券简称：科大智能 公告编号：2025-085 科大智能科技股份有限公司 第六届董事会第九次会议决议公告 科大智能科技股份有限公司 员会，由汪婷婷女士、张宇昊先生担任薪酬与考核委员会委员。 | 委员会名称 | | 调整前 | | 调整后 | | --- | --- | --- | --- | --- | | | 主任委员 | 成员 | 主任委员 | 成员 | ...

科大智能科技股份有限公司 证券代码：300222 证券简称：科大智能 公告编号：2025-084 科大智能科技股份有限公司 2025 年第五次临时股东会决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1.本次股东会未出现否决议案的情形。 2.本次股东会召开期间没有增加或变更提案。 3.本次股东会未涉及变更前次股东会决议。 一、本次股东会召开的基本情况 1、会议召开时间 (1)现场会议：2025年12月19日（星期五）下午14:30 科大智能科技股份有限公司 二、会议出席情况： 1、出席的总体情况 股东及股东代理人495人，持有有效表决权股份总数204,622,095股，占公司 有效表决权总股份的26.2915%。出席本次会议中小股东所持（代表）股份 32,475,128股。 (2)网络投票：通过深圳证券交易所交易系统进行网络投票的具体时间为： 2025年12月19日上午9:15-9:25、9:30-11:30，下午13:00-15:00；通过深圳证券交易 所互联网投票系统进行网络投票的时间为：2025年12月19日9:15-15:00期间 ...

北京海润天睿律师事务所 关于科大智能科技股份有限公司 2025 年第五次临时股东会的 法律意见 法律意见 北京海润天睿律师事务所 关于科大智能科技股份有限公司 2025 年第五次临时股东会的 法律意见 致：科大智能科技股份有限公司 北京海润天睿律师事务所（以下简称"本所"）接受科大智能科技股份有限 公司（以下简称"公司"）的委托，指派律师出席公司 2025 年第五次临时股东会 （以下简称"本次股东会"）对本次股东会进行律师见证并发表法律意见。 为出具本法律意见，本所律师审查了公司本次股东会的有关文件和材料。本 所律师得到公司如下保证，即其已提供的本所出具本法律意见所必需的原始书面 材料、副本材料、电子文档或口头证言真实、完整、有效，不存在虚假陈述、重 大遗漏或隐瞒，所有副本材料与复印件均与原件一致。 中国·北京 朝阳区建外大街甲 14 号广播大厦 5/9/10/13/17 层 邮政编码：100022 电话：(010) 65219696 传真：(010)88381869 本所及经办律师依据《中华人民共和国证券法》《律师事务所从事证券法律 业务管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定及本法 律 ...

科大智能科技股份有限公司 证券代码：300222 证券简称：科大智能 公告编号：2025-086 科大智能科技股份有限公司 关于公司部分独立董事离任的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、部分独立董事离任情况 二○二五年十二月十九日 1 卢贤榕女士在任职期间恪尽职守、勤勉尽责，为推动公司高质量发展发挥了 重要作用，公司及董事会对卢贤榕女士的辛勤工作及做出的贡献表示衷心感谢。 二、备查文件 卢贤榕女士的辞职报告。 特此公告。 科大智能科技股份有限公司董事会 科大智能科技股份有限公司（以下简称"公司"）于2025年11月29日在巨潮 资讯网（www.cninfo.com.cn）披露了《关于部分独立董事辞职及补选独立董事 候选人的公告》（公告编号：2025-079），公司原独立董事卢贤榕女士因个人原 因申请辞去公司第六届董事会独立董事和董事会下属各专门委员会委员等相关 职务，其辞职将自公司股东会选举产生新任独立董事后生效，具体情况详见巨潮 资讯网的相关公告。卢贤榕女士上述职务原定任期为公司2025年第一次临时股东 大会审议通过之日起至公司第六届董 ...

Core Viewpoint - The article discusses how Kehua Data's deep accumulation in the UPS field allows it to transition its pursuit of "stability" into the new energy landscape, particularly in the context of AI computing power and renewable energy challenges [2][25]. Group 1: Concept of Networked Energy Storage - "Networked energy storage" has become a buzzword in the industry, seen as a ticket to the new power system, but the standards remain unclear [5][6]. - The integration of renewable energy sources is causing unprecedented challenges in the power system, such as reduced system inertia and increased frequency risks [6]. - Kehua's energy storage systems can support voltage and frequency independently, akin to traditional generators, by utilizing virtual synchronous generator (VSG) technology [10][11]. Group 2: Technical Evaluation Criteria - The evaluation of networked energy storage technology is based on two core dimensions: "identity" and "capability" [8]. - "Identity" refers to whether the software algorithms classify the device as a voltage source or a current source, which is essential for true networked functionality [8]. - "Capability" assesses the hardware's support capacity and response speed, determining the performance level of the technology [9]. Group 3: Market Position and Achievements - Kehua has established itself as a leader in networked energy storage with over 3 GW of shipments and more than 400 microgrid systems implemented [12]. - Notable projects include the 300 MW/1200 MWh facility in Xinjiang, recognized as the largest grid-connected networked lithium iron phosphate energy storage station globally [12]. - The company has also successfully tackled challenges in extreme environments, such as the 60 MW/300 MWh project in Tibet, demonstrating stable operation at high altitudes and low temperatures [12]. Group 4: AI Data Center Solutions - The rise of AI data centers has led to significant energy consumption increases, necessitating innovative solutions to manage power fluctuations [14][15]. - Kehua proposes a "source strength ensures load stability" approach, emphasizing the importance of a robust power source to mitigate load fluctuations [15]. - The company has experience in high-voltage direct current (HVDC) solutions, positioning itself well for the future demands of data centers [17]. Group 5: Engineering Philosophy and Market Insights - The article highlights that there are no shortcuts in the energy storage sector; competitive advantages are built over time through early market entry and experience [18]. - Kehua's early adoption of solutions to common industry problems, such as the "heat island effect," showcases its commitment to practical engineering solutions [21][24]. - The company emphasizes the importance of learning from past challenges to avoid pitfalls that newer entrants may face in a rapidly evolving market [18][26].

Core Viewpoint - The emergence of grid-forming energy storage technology is crucial for addressing the challenges posed by high penetration of renewable energy sources and the instability of power grids, characterized by high penetration ratios and low inertia [1][3]. Group 1: Grid-Forming Energy Storage Technology - Grid-forming energy storage provides essential support to the power grid by simulating synchronous generator characteristics, enabling active frequency and voltage regulation, and inertia support [3]. - Without grid-forming technology, renewable energy generation can only "passively follow" the grid, making reliable grid connection difficult; this technology allows renewable energy to actively support grid operations [3]. - Key capabilities of grid-forming energy storage systems include voltage and frequency support, fast frequency regulation, oscillation suppression, and adaptability to weak grids, with the ability to achieve black start in complete power outage scenarios [3][7]. Group 2: Market Opportunities and Policy Guidance - The rapid development of the energy storage industry is driven by policy and standards, with grid-forming capability becoming a prerequisite for energy storage stations [5]. - Various countries, including the UK, Germany, the US, Australia, and Chile, have introduced regulations regarding grid-forming capabilities, indicating a shift from "able to connect to the grid" to "able to support the grid" [5]. - The future of the new power system will involve collaboration between grid-forming and grid-following technologies, with grid-forming playing a critical role in key scenarios such as renewable energy bases and weak grids [5]. Group 3: Company Achievements and Global Presence - The company has achieved significant milestones in grid-forming energy storage technology, transitioning from laboratory research to GW-level engineering applications, and has developed the second generation of grid-forming PCS [7]. - The company’s grid-forming energy storage shipment has exceeded 3 GW, with successful demonstrations in various countries, including projects in Pakistan and Europe that operate stably under weak grid conditions [7]. - The company aims to continue technological innovation and integrate grid-forming energy storage technology with complex application scenarios to promote high-quality development in the energy storage industry [7].

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交全额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | | 2025-12-03 | 300 222 | ST路通 | 12.50 | 50.00 | 625.00 | 国联居生证券股份 | 国联民生证券股份 | | | | | | | | 有限公司无锡湖滨 | 有限公司无锡中山 | | | | | | | | 路证券营业部 | 路证券营业部 | 12月3日，ST路通（维权）大宗交易成交50万股，成交额625万元，占当日总成交额的4.2%，成交价12.5元，较市场收盘价 14.61元折价14.44%。 ...

Industry Insights - The Shanghai Municipal Transportation Commission and the Shanghai Development and Reform Commission have issued a notice to strengthen the safety management of electric vehicle charging facilities, emphasizing the use of high-quality and reliable charging equipment [1] - The implementation of mandatory product certification for charging piles, effective from August 1, 2026, is expected to enhance industry barriers and drive market growth, with a projected charging pile market expansion due to a supply-demand gap of 2.45:1 as the penetration rate of new energy vehicles exceeds 40.9% in 2024 [1] - The "Three-Year Doubling" action plan for electric vehicle charging facilities service capacity, set to be implemented from 2025 to 2027, is anticipated to lead to a new wave of investment in charging piles [1] Company Developments - Keda Intelligent's subsidiary, Keda Intelligent Electric Technology Co., Ltd., holds an 18% stake in Keda Intelligent (Hefei) Technology Co., Ltd., which focuses on charging piles and plans to increase R&D investment to maintain competitive advantages in the charging pile industry [2] - Baoxin Technology has production capabilities for charging pile equipment and is currently manufacturing related structural components, with investments in liquid-cooled supercharging stations in Shanghai and Nanjing [2]

Core Viewpoint - The article highlights the successful integration of a 500 MW/200 MWh energy storage project in Inner Mongolia's Tongliao City into the regional power market, which is expected to enhance the stability of the local power system and increase the utilization of clean energy [2]. Group 1: Project Details - The energy storage project, located in Tongliao City, has undergone rigorous testing and is now operational, contributing to the stability of the power system in Inner Mongolia [2]. - The project features a maximum single charge and discharge capacity of 2 million kilowatt-hours, with an annual peak-valley electricity transfer of 600 million kilowatt-hours, potentially reducing carbon emissions by approximately 530,000 tons each year [4]. - The project employs advanced technologies for peak regulation, frequency modulation, and voltage support, significantly improving the system's adjustment capability and overall efficiency [4]. Group 2: Technology and Innovation - The project utilizes a 5 MW centralized converter and booster integrated solution, which simplifies installation, debugging, and maintenance processes, thereby reducing overall system costs [4]. - The converter is designed to withstand harsh environmental conditions, including extreme low temperatures of -35°C and high dust levels, achieving an industry-leading efficiency of over 99% [4]. - The modular design allows for quick fault localization, reducing maintenance time and costs, while features like self-cleaning fans help maintain optimal performance [4]. Group 3: Company Positioning and Future Plans - As a leading company in China's energy storage PCS market, the company emphasizes "high efficiency, reliability, and intelligence" in its full-scene energy storage solutions [5]. - The successful operation of the Tongliao energy storage project demonstrates the company's technical strength and commitment to carbon neutrality [5]. - The company plans to continue innovating in the energy storage sector to support the transition to renewable energy and contribute to the development of a clean, low-carbon power system [5].