Core Viewpoint - Yoyo Green Energy (优优绿能) is investing up to RMB 800 million to build an intelligent manufacturing base for new energy vehicle charging and discharging equipment, enhancing its manufacturing capabilities and supporting its long-term development strategy [1][2][3]. Investment and Project Details - The total investment for the intelligent manufacturing base project is expected to be no more than RMB 800 million, with an additional investment of up to RMB 253 million required beyond the already approved RMB 547 million for previous projects [1][2]. - The project will cover an area of approximately 20,000 square meters with a planned construction area of about 95,000 square meters, including production, research and development, and office facilities [2][3]. - The project is expected to be completed by December 31, 2029, and is part of the company's dual strategy of "manufacturing upgrade + industrial extension" [3]. Financial Performance - Yoyo Green Energy's revenue has shown significant growth, with revenues of RMB 431 million, RMB 988 million, and RMB 1.376 billion from 2021 to 2023, representing year-on-year growth rates of 105.22%, 129.44%, and 39.24% respectively [5]. - In 2024, the company achieved revenue of RMB 1.497 billion, an increase of 8.86% year-on-year, although net profit decreased by 4.60% to RMB 256 million [5][6]. Research and Development - The company has consistently increased its R&D investment, with expenditures of RMB 40.18 million, RMB 79.09 million, and RMB 109 million from 2022 to 2024, totaling RMB 228 million over three years [1][8]. - As of December 31, 2024, the R&D department has 293 employees, accounting for 50.17% of the total workforce, focusing on various innovative technologies related to power electronics and embedded software [1][8]. Market Position and Strategy - Yoyo Green Energy is recognized as a leading supplier of charging modules in China, being one of the first to launch a 30kW charging module [5]. - The company has established stable, long-term strategic partnerships with various clients, including charging pile manufacturers and new energy vehicle manufacturers, which supports its project implementation [3][4].
优优绿能拟8亿投建智能制造基地项目 三年研发费2.28亿研发部员工占超50%