Core Insights - The release of the "Technical Requirements for 800V Electric Vehicle Supercharging Stations" aims to address the chaotic state of the charging industry and improve user experience [1][2][3] Industry Context - The charging industry is currently in a "Warring States" period, lacking unified standards, leading to resource wastage and poor user experiences [2] - The rapid growth of electric vehicle stock has made charging a high-frequency necessity, highlighting the need for standardized solutions [2] Company Developments - Zhejiang Haohan Energy Technology Co., Ltd. has established over 1,100 supercharging stations and more than 5,000 supercharging piles, integrating over 1.55 million effective charging piles through digital products [2] - The company is actively expanding into overseas markets, aiming to replicate its technological achievements and user experiences globally [2] Standardization Impact - The new standards are expected to alleviate range anxiety and unify the charging experience across different vehicle architectures, addressing issues like multiple apps and pre-recharge requirements [3] - The implementation of supercharging standards will drive three major transformations: promoting technological collaboration, reducing resource waste, and innovating standardization to focus on user experience [3] Technical Challenges - Current supercharging station construction faces two main bottlenecks: insufficient power capacity in commercial centers and high idle rates at highway stations [4] - Future advancements in battery technology, such as the development of 10C batteries, could enable rapid charging capabilities, fundamentally changing user experiences [4]

Core Viewpoint - Company is committed to driving the green energy transition through innovation and responsibility, aiming to integrate ESG principles deeply into its development strategy while achieving significant recognition and growth in the industry [1][3][7]. Financial Performance - In 2024, the company achieved an operating revenue of 200.98 million yuan, with charging volume exceeding 4.91 billion kilowatt-hours, laying a solid foundation for the expansion of its energy service network [2]. - The charging network has expanded to cover 360 cities, with a total of 112,000 charging stations, representing a year-on-year growth of 45.45%, and 1.262 million charging guns, up 44.23% year-on-year [2]. ESG Initiatives - The company actively engages in international sustainability initiatives, joining the China ESG Alliance and participating in the UN Global Compact and its ForwardFaster initiative, enhancing its global influence [3]. - In the S&P Global Corporate Sustainability Assessment, the company scored 72 points, ranking first in China's retail industry and seventh globally, a 12-point increase from 2023 [3]. - The company received an "A" rating from CDP for climate change and improved its Fitch ESG rating to 78 points, becoming the highest-rated company in the Asia-Pacific region [3][4]. Technological Innovation - In 2024, the company invested 42.07 million yuan in R&D, accounting for 20.93% of its revenue, resulting in 56 patent applications and 38 granted patents [5]. - The company showcased its self-developed automatic charging robot at CES 2024, integrating advanced technologies for autonomous charging solutions [5]. Environmental Impact - The company achieved a carbon reduction of 3.2249 million tons from electric vehicle charging in 2024, with total greenhouse gas emissions decreasing by 47.37% year-on-year [7]. - The company is committed to achieving operational carbon neutrality by 2028 and net-zero emissions by 2050, setting a clear benchmark for low-carbon development in the industry [7]. Social Responsibility - The company emphasizes a people-centric approach, providing a fair and inclusive work environment, with a total of 5,067 hours of employee training in 2024 [8]. - The company has invested 1 million yuan in rural revitalization and built 187 charging stations and 400 charging piles in rural areas, promoting green energy services [9]. - The company has implemented a carbon credit trading mechanism, with over 1 million users participating, encouraging public engagement in green travel [9].