Core Viewpoint - The company has terminated its collaboration on the Yancheng Supercharging Project, which was initially expected to be a significant investment opportunity, due to changes in strategic investment plans after nearly three years of development [1][2]. Group 1: Project Overview - The Yancheng Supercharging Project was announced in December 2022 with a total investment of 360 million yuan, planned to be executed in two phases [2]. - The project aimed to establish a joint venture focused on the research, production, testing, and sales of supercharging technology, including the construction of core modules for charging piles [1][2]. Group 2: Project Progress and Challenges - Despite the initial optimism, the supercharging business has remained largely in the research and development phase, with no significant updates on product offerings from 2023 to 2025 [1][5]. - The company has not reported any revenue contributions from the supercharging business in its financial statements, indicating a lack of commercial success [5][6]. Group 3: Financial Performance - In 2024, the company reported total revenue of 2.237 billion yuan, a year-on-year increase of 57.81%, but incurred a net loss of 122 million yuan [6]. - The financial difficulties were attributed to declining product sales prices, lower gross margins, and various impairment losses [6]. Group 4: Industry Context - In contrast to the stagnation of the company's supercharging project, the domestic supercharging network is expanding rapidly, with significant advancements reported in various provinces and by leading companies in the sector [7]. - For instance, Chongqing connected 1,468 supercharging stations and 2,270 supercharging piles in the first half of 2025, showcasing the industry's growth [7].

欣锐科技(300745.SZ)公告称，公司于2025年10月24日召开董事会审议通过《关于终止盐城项目合作的 议案》，同意终止与盐城市城南新区开发建设投资有限公司签署的《项目合作协议书》。原合作投资项 目概述为双方共同注册成立注册资本13,200万元的合资公司并投资3.6亿元用于超级充电项目。终止原因 为双方战略投资计划有变，项目未能如约推进。合作终止不会对公司现有业务及生产经营造成重大影 响，不会对公司业绩及财务状况产生不利影响。 ...

Core Viewpoint - The company has decided to terminate the cooperation agreement with Yancheng City Chengnan New District Development and Construction Investment Co., Ltd. due to changes in strategic investment plans, which will not significantly impact its existing business or financial status [1] Group 1 - The fourth board meeting of the company will be held on October 24, 2025, to review the termination of the project cooperation agreement [1] - The original plan involved establishing a joint venture with a registered capital of 132 million yuan and investing 360 million yuan in a supercharging project [1] - The decision to terminate the cooperation was made after mutual agreement, as the project could not be advanced as scheduled [1] Group 2 - The termination of the cooperation will not have a major impact on the company's current operations or financial performance [1]