Chongqing Wangbian Electric (Group) (SH:603191) Xin Lang Cai Jing·2025-08-28 10:29Core Viewpoint - Chongqing Wangbian Electric (Group) Co., Ltd. is actively responding to the national "dual carbon" strategy by expanding its business in the new energy charging infrastructure sector through its wholly-owned subsidiary, Wanglaichong (Chongqing) Technology Co., Ltd. [1] Project Overview - The project aims to build electric heavy truck supercharging stations in Yunnan, Chongqing, and other regions, with a total investment not exceeding 541.50 million yuan [2] - The project will be implemented by Wangbian Electric's wholly-owned subsidiary, Wanglaichong, which will establish and operate nearly 100 supercharging stations [2] - Funding will come from the company's own funds and project loans, covering construction, site leasing, grid access expansion, charging equipment, and preparatory costs [2] Feasibility Analysis - Government policies are supportive of the electric vehicle charging industry, creating a favorable external environment for the project [3] - Market demand for charging stations is expected to grow as the application scenarios for new energy heavy trucks expand [3] - The company has a solid financial foundation, with cash balances of 1.233 billion yuan and available credit of 5.208 billion yuan as of June 30, 2025 [3] Risk and Mitigation Measures - The company will monitor regulatory changes and adjust its business development accordingly to mitigate industry regulation risks [4] - Safety management systems will be established to address potential electrical hazards at charging stations [4] - The company will conduct thorough site research and collaborate with logistics companies to ensure optimal charging station utilization [4] Strategic Importance - This investment is seen as a crucial step to enhance the company's competitive edge and value creation capabilities [5]