成都东部新区产业发展带动用电量增长。截至目前，2025年东部新区年度全社会用电量超20亿千瓦时，较2020年增长约2.6倍。未来，稳定可靠的电力还将 继续成为成都东部新区的坚实能源底座，助力这座新城加快建设国家向西向南开放门户和成渝地区先进制造业集群重要支点。（陈昱琪） 编辑：穆皓 2020年4月，随着成渝地区双城经济圈建设的加速推进，四川省在成都天府国际机场所在区域设立省级成都东部新区。经过五年的高质量发展，成都天府国 际机场已成为成都对外开放门户和国际航空枢纽，越来越多的"川渝造"从这条"空中丝绸之路"飞向全球。得益于临空经济的兴起，一大批重点工程落地成都 东部新区，带动区域经济快速发展。预计到2025年，东部新区GDP有望达到成立之初的2.7倍。 转自：新华财经 坚实的电网支撑和良好的营商环境有力吸引优质项目落地。"十四五"以来，东部新区先后引进重点项目1035个。其中，位于简州新城先进制造业聚集区的阿 里云西部云计算中心，是服务成渝地区数据业务发展的关键基础设施，致力于建设国内领先、世界先进的新一代高性能绿色数据中心。而在该项目落地初 期，专线专站建设时间过长成为制约项目快速投产的关键因素。2024年 ...

Financial Data and Key Metrics Changes - Net revenues for Q2 2025 were $36.3 million, down 39.3% from $59.8 million in Q2 2024, primarily due to lower sales of auto vehicles and EV products [16] - Cost of goods sold decreased to $19.9 million, a 51.3% decline from $40.9 million in the same period of 2024, reflecting the decrease in sales [17] - Gross profit was $16.4 million, compared to $19 million in Q2 2024, with gross margin improving to 45.2%, up from 31.7% last year [17] - Total operating expenses were $18.3 million, down 21.4% from $23.3 million in Q2 2024 [17] - Net income was $1.7 million, compared to $2.4 million in Q2 2024, with basic and diluted net income per share at $0.02, down from $0.03 [20] Business Line Data and Key Metrics Changes - The focus on inventory management within retail channels led to a gross margin improvement to 45.2%, up 13.5 percentage points from 31.7% in the same period of 2024 [8] - The dealer to retail sales mix improved from 1:9 to 2:8 as of June 2025, indicating a more diversified channel structure [10] - Research and development expenses increased by 48.5% to $2.5 million, mainly due to a new battery product R&D project [18] Market Data and Key Metrics Changes - The company has reinforced partnerships with major retailers, including Lowe's, and expanded its dealer network to 50 retail outlets [9] - The company is exploring high-margin direct-to-consumer channels and e-commerce platforms to enhance market share and profitability [11] Company Strategy and Development Direction - The company is transitioning from a conventional manufacturing enterprise to a holding platform focused on intelligent equipment manufacturing [7] - Kandi Technologies is pursuing a dual engine strategy, balancing stable cash flow businesses with growth incubation businesses [14] - The company aims to maintain competitive edge and create long-term value for shareholders through disciplined execution and continuous innovation [14] Management's Comments on Operating Environment and Future Outlook - The global microeconomic landscape remains uncertain, presenting challenges for the business [6] - Despite short-term volatility, the company believes its focus on optimized operations and technological innovation positions it for long-term development [14] - The company is confident in its strategic growth initiatives and ongoing business expansions, supported by a strong balance sheet with $257 million in cash and equivalents [13] Other Important Information - The company has established itself as a pioneer in battery swapping technology and secured its first order to support CATL's rollout of 10,000 battery swapping stations [12] Q&A Session Summary - No specific questions or answers were recorded in the provided content, and the call concluded without further inquiries [22][23]

Core Viewpoint - Kandi Technologies Group, Inc. has entered into a strategic partnership with Contemporary Amperex Technology Co., Ltd. (CATL) through its subsidiary, China Battery Exchange, to enhance the battery swapping ecosystem in China, supporting CATL's ambitious deployment plan for battery swapping stations [1][2][5]. Group 1: Partnership and Strategic Importance - The partnership signifies China Battery Exchange's official entry into CATL's battery swap ecosystem, which is crucial for CATL's "Ten Thousand Station Plan" [2]. - This collaboration is expected to deepen Kandi Technologies' strategic footprint in the new energy infrastructure sector, unlocking significant growth opportunities [5]. Group 2: Agreement Details - Under the Framework Procurement Contract, China Battery Exchange will supply standardized, high-performance battery swapping station equipment, including main station structures and advanced robotic systems [3]. - CATL aims to deploy 500 battery swapping stations in the current year, with a long-term goal of over 10,000 stations across mainland China, creating substantial demand for battery swapping equipment [3]. Group 3: Technological Advancements - Kandi Technologies is recognized as a pioneering force in China's electric vehicle battery swapping ecosystem, featuring an intelligent battery swapping system with rapid 90-second swapping and automated billing [4]. - The company’s system includes nine core modules, enhancing operational efficiency and user experience in battery swapping [4]. Group 4: Company Background - Kandi Technologies Group, Inc. specializes in the research, development, and manufacturing of all-electric personal transportation and utility vehicles, with a focus on off-road mobility solutions [7]. - The company is headquartered in Jinhua, China, and is actively pursuing opportunities in emerging high-tech areas, leveraging its robust manufacturing capabilities [7].