Core Viewpoint - The company has signed a strategic cooperation agreement with Shandong Development New Energy Co., Ltd. to promote the technological upgrade and large-scale development of the new energy industry in Shandong Province [1] Group 1: Strategic Cooperation - The agreement outlines collaboration on comprehensive energy project models, including user-side energy storage, virtual power plants, and demand-side response [1] - Both parties will work together to develop user-side resources and explore new paths for grid load-side resources to participate in coordinated interactions among source, grid, load, and storage [1] - A regular information exchange mechanism will be established to share market dynamics, policies, regulations, and technological advancements in the new energy sector [1] Group 2: Technical Collaboration - The cooperation will include collaboration on equipment and technology [1] - Joint efforts will focus on common key technologies and cutting-edge technologies in the new energy field, including but not limited to comprehensive monitoring of new energy stations and energy storage technologies [1]

Core Viewpoint - The company has signed a strategic cooperation agreement with Shandong Development New Energy Co., Ltd. to promote the technological upgrade and large-scale development of the new energy industry in Shandong Province [1] Group 1: Strategic Cooperation - The agreement outlines collaboration on comprehensive energy project models, including user-side energy storage, virtual power plants, and demand-side response [1] - Both parties will work together to develop user-side resources and explore new paths for grid load-side resources to participate in coordinated interactions among sources, networks, loads, and storage [1] - A regular information exchange mechanism will be established to share market dynamics, policies, regulations, and technological advancements in the new energy sector [1] Group 2: Technical Collaboration - The cooperation will extend to equipment and technology, focusing on joint efforts to tackle common key technologies and cutting-edge technologies in the new energy field [1] - Areas of collaboration include comprehensive monitoring of new energy stations and energy storage technologies [1]

Core Insights - The company achieved a record annual electricity sales volume of 138.03 billion kilowatt-hours in 2025, representing a year-on-year growth of 20.08% [1] - The company aims to support local economic and social development through a multi-win model that includes cost reduction for enterprises, efficiency enhancement for the power grid, and green transformation [1] Group 1 - The company implemented various measures to steadily increase electricity volume, including a load classification service guarantee mechanism, completing 426 10 kV dedicated transformer users with an added capacity of 363,200 kVA [3] - The company has established a "project leader" and "dual manager" responsibility system to expedite the connection of key users, including 36 users with a capacity of 666,500 kVA [3] - The company actively supports clean heating projects, ensuring the timely operation of four heat source stations [3] Group 2 - The company plans to closely align with major strategic deployments and emerging industry layouts within the state, proactively planning for power grid construction to create a robust smart grid [4] - The company will continue to deepen its service model, expanding the application scenarios of "proactive handling, online handling, and integrated handling" to enhance customer experience through digital transformation [4] - The company is committed to supporting the integration and consumption of clean energy, exploring collaborative interactions among sources, grids, loads, and storage to contribute to the construction of a national clean energy industry hub in Haixi Prefecture [4]