Core Insights - The "Three-Year Doubling" Action Plan aims to establish 28 million charging facilities by the end of 2027, providing over 300 million kilowatts of public charging capacity to service 80 million electric vehicles, accelerating the development of new energy infrastructure and creating unprecedented opportunities for upstream material and equipment companies [1][2] Industry Overview - The rapid growth of electric vehicle ownership in China has outpaced the development of supporting charging infrastructure, and the new action plan addresses this gap while providing clear growth expectations for the upstream and downstream of the industry chain [2] - The market for public charging stations is expected to exceed 200 billion yuan, with over 15 million new public charging stations projected to be added by 2027 [2] Company Analysis - Guoen Co., Ltd. has established a vertically integrated industrial chain in the field of polymer new materials, focusing on SMC composite materials, and is positioned to benefit from the material replacement trend in charging station structures [3][4] - The company has upgraded its SMC composite material formulation technology and developed a series of non-metallic charging station shells, which have entered mainstream equipment manufacturers and new energy vehicle supply chains [3][4] Growth Potential - The "Doubling Action" policy is expected to significantly drive the demand for new and updated charging station equipment, with Guoen Co., Ltd. developing innovative processes to enhance production efficiency and market share [4][5] - The company is also exploring advanced manufacturing techniques and materials, such as PEEK lightweight materials and green energy new materials, which will further enhance its competitive edge [4][6] Execution and Market Outlook - The successful implementation of the "Three-Year Doubling" Action Plan is crucial for the growth of the new energy industry chain, and Guoen Co., Ltd. is well-positioned to leverage its innovative materials and production capabilities to capture market opportunities [5][6] - Continuous strengthening of technical barriers, deepening customer cooperation, and expanding production capacity are essential for the company to drive performance growth in its new materials business [6]

Core Insights - The "Three-Year Doubling" Action Plan for Electric Vehicle Charging Infrastructure aims to establish 28 million charging facilities by the end of 2027, providing over 300 million kilowatts of public charging capacity to service 80 million electric vehicles, thus accelerating the development of new energy infrastructure and creating significant opportunities for upstream material and equipment companies [1] Industry Overview - The charging pile industry is experiencing rapid expansion, with a clear timeline and task volume set by the Action Plan, addressing the current shortfall in infrastructure and providing growth expectations for the upstream and downstream of the industry chain [1] - The market for public charging piles is expected to exceed 200 billion yuan, with over 15 million new public charging piles projected to be added by 2027 [1] Company Positioning - Guoen Technology Co., Ltd. is positioned as a leading enterprise in the polymer modified materials and composite materials industry, leveraging its technological breakthroughs and mass production capabilities in non-metal structural components to penetrate the core supporting system of charging piles [1][2] - The company has developed a vertically integrated industrial chain from monomers to synthetic resins, organic polymer modified materials, and composite materials, establishing a strong foothold in the SMC composite materials sector [2] Product Development - Guoen has upgraded its SMC composite material formulation technology, developing a fourth generation of non-metal direct current terminal charging piles and various supporting products, which have entered mainstream equipment manufacturers and the new energy vehicle supply chain [2] - Compared to traditional metal shells, Guoen's composite material products excel in weather resistance, waterproofing, insulation, and lightweight properties, reducing equipment weight and manufacturing costs while enhancing safety and lifespan [2] Technological Advancements - The company is researching spray-free processes to simplify production and improve efficiency, alongside developing in-mold film materials and processes for integrated molding and film application [3] - Guoen possesses advanced manufacturing techniques such as HP-RTM and carbon fiber design, enabling breakthroughs in strength-to-weight ratio, weight reduction, and fatigue life, providing diverse composite material products and solutions to leading clients like CATL and BYD [3] Future Outlook - The Action Plan injects new growth momentum into the new energy industry chain, with Guoen poised to leverage its SMC formulation innovation and non-metal material substitution advantages to capture market share in charging pile structural components [4] - If the company can maintain its technological edge, deepen customer collaborations, and expand production capacity, its new materials business is expected to become a significant driver of performance growth in the coming three years [4]

Core Insights - The "Three-Year Doubling" Action Plan for Electric Vehicle Charging Infrastructure aims to establish 28 million charging facilities by the end of 2027, providing over 300 million kilowatts of public charging capacity to service 80 million electric vehicles, thus accelerating the development of new energy infrastructure and creating unprecedented opportunities for upstream material and equipment companies [1] Industry Overview - The charging pile industry is experiencing rapid expansion, with a clear timeline and task volume outlined in the Action Plan, addressing the infrastructure gap and providing growth expectations for the upstream and downstream of the industry chain [1] - The market for public charging piles is expected to exceed 200 billion yuan, with over 15 million new public charging piles projected to be added by 2027 [1] Company Positioning - Guoen Technology Co., Ltd. (国恩股份) is positioned as a leading enterprise in the polymer modified materials and composite materials industry, leveraging its technological breakthroughs and mass production capabilities in non-metal structural components to quickly enter the core supporting system of charging piles [1][2] - The company has developed a vertically integrated industrial chain from monomers to synthetic resins, organic polymer modified materials, and composite materials, establishing a leading position in the SMC composite materials sector [2] Product Development - Guoen has upgraded its SMC composite material formulation technology, developing a fourth generation of non-metal direct current terminal charging piles and various supporting products, fully covering the structural component needs of charging facilities [2] - Compared to traditional metal shells, Guoen's composite material products excel in weather resistance, waterproofing, insulation, and lightweight properties, reducing equipment weight and manufacturing costs while enhancing safety and lifespan [2] Technological Advancements - The company is developing a spray-free process for charging piles to simplify production and improve efficiency, alongside innovations in high-pressure resin transfer molding and carbon fiber design [3] - Guoen's advancements in lightweight materials and green energy new materials are expected to enhance its overall competitiveness and market share [3][4] Future Outlook - The Action Plan injects new growth momentum into the new energy industry chain, with Guoen poised to leverage its SMC formulation innovation and non-metal material substitution advantages to break into the charging pile structural component market [4] - If the company can maintain its technological edge, deepen customer collaboration, and expand production capacity, its new materials business is expected to become a significant driver of performance growth in the coming three years [4]