Core Viewpoint - The recent "Three-Year Doubling Action Plan" aims to significantly enhance China's electric vehicle charging infrastructure, targeting the establishment of 28 million charging facilities by the end of 2027, which will support over 80 million electric vehicles and double the charging service capacity [1][2]. Industry Overview - China's electric vehicle market is experiencing rapid growth, with the public charging network having expanded to over 300,000 stations, a 303% increase since 2021, now surpassing the number of gas stations by three times [2]. - The current charging infrastructure is unevenly distributed, with significant gaps in rural areas and certain high-demand scenarios, such as logistics and long-haul transport, indicating a need for targeted policy interventions [2][3]. Action Plan Details - The "Action Plan" outlines specific goals, including the addition of 1.1 million new charging facilities over the next three years, which aligns with the projected increase of 30 million electric vehicles [3]. - It emphasizes the need for a balanced charging network that includes fast and slow charging options, with a target of adding 1.6 million direct current charging guns in urban areas by 2027 [4]. Infrastructure Improvements - Plans include the construction of 40,000 high-capacity charging guns at highway service areas to alleviate congestion during peak travel times, addressing the common issue of long wait times for charging [5]. - The initiative also aims to enhance charging facilities in rural areas, with a goal of adding at least 14,000 direct current charging guns in underserved townships by 2027 [5]. Technological and Market Trends - The charging industry is transitioning from a focus on quantity to quality, with an emphasis on improving service standards and technological advancements in charging facilities [7]. - The charging module, which constitutes about 50% of the hardware cost of charging stations, is experiencing a price decline, with prices dropping nearly 40% from early 2024 to the end of the year [8]. Financial Performance - A notable company in the sector, Youyou Green Energy, reported a 22.6% year-on-year increase in domestic revenue for the first half of 2025, amounting to approximately 590 million yuan, although its net profit saw a decline of 24.8% during the same period [8].