盛弘股份：持续打造产品型公司 致力于实现新腾飞

Core Viewpoint - The rapid development of high-power charging facilities is essential for addressing the increasing demand for electric vehicle charging, particularly during peak times such as holidays. The government aims to establish over 100,000 high-power charging stations by the end of 2027, indicating a significant market opportunity for companies like Shenghong Co., which specializes in this technology [2][3]. Group 1: Company Strategy and Development - Shenghong Co. has established a strong market presence by continuously adapting to industry trends, evolving from a small power filter manufacturer to a company with four major business lines, including charging stations and energy storage [3][5]. - The company emphasizes the importance of early market entry and has set up a research institute to forecast industry trends and develop products that meet future demands [4][5]. - Shenghong Co. plans to enhance its product offerings in charging stations, energy storage, power quality, and battery testing, aiming for a new phase of growth [2][3][10]. Group 2: Market Opportunities - The trend of replacing old charging stations is gaining momentum, with an estimated market size potentially reaching billions due to aging infrastructure and government support [5][6]. - Shenghong Co. has initiated a replacement program for charging stations, offering incentives such as up to 20% value recovery for old stations and free upgrades for new ones, which has already generated significant interest [6][7]. - The company is focusing on high-power charging solutions, with capabilities to deliver charging power at the megawatt level, positioning itself as a leader in the market [7][8]. Group 3: Geographic Expansion - Shenghong Co. is actively pursuing both domestic and international market expansion, particularly in underdeveloped regions where charging infrastructure is lacking [8][9]. - The company has established a presence in various international markets, including Southeast Asia, and has developed a comprehensive product range that meets local regulatory requirements [9]. - The strategy includes building a localized operational team to better understand and serve international markets, enhancing customer trust and long-term relationships [9][10].