Pylon Technologies(SH:688063) Zhong Guo Jin Rong Xin Xi Wang·2025-11-05 08:25Core Viewpoint - The establishment of the Australian subsidiary of Pylon Technologies marks a significant step in the company's global development and aims to enhance its sales, technology, and service capabilities in the region [3][4]. Group 1: Company Development - Pylon Technologies has entered the Australian market since 2013 and has built a strong customer base and reputation over the years [3]. - The new subsidiary will strengthen Pylon's leading position in the Oceania market and support the construction of a clean, reliable, and resilient energy system in Australia [3][4]. - The company has established subsidiaries in various countries, including Australia, the Netherlands, Italy, Germany, Spain, the UK, Japan, and South Africa, creating a global network covering over 90 countries and regions [9]. Group 2: Market Context - The Australian energy storage market is rapidly developing, with a high level of maturity globally. The government has introduced policies like the "Home Battery Subsidy Scheme" to encourage households and businesses to participate in energy transition [3]. - The goal of reducing emissions by 62%-70% by 2035 compared to 2005 levels is driving continuous growth in storage demand [3]. Group 3: Leadership Statements - Company leaders expressed their congratulations on the establishment of the Australian subsidiary and emphasized the importance of local service and brand trust [4][6]. - The Australian team is expected to deepen local operations and create a broader future for the company [6][8].