Core Viewpoint - Green Source Group has announced a new strategy to extend its business from product manufacturing to mobility services, aiming to create a comprehensive "all-scenario light mobility solution" in response to structural changes in the industry [1][6]. Group 1: Strategic Shift - The strategic upgrade is a proactive response to industry structural changes, driven by ongoing product update demands from the implementation of new national standards [6]. - The future competition will focus on scenario coverage capabilities, technology penetration rates, and the completeness of service ecosystems [6]. Group 2: Product and Service Integration - The "all-scenario light mobility solution" is not merely an extension of product lines but a comprehensive solution that integrates hardware, software, and services centered around user needs [7][15]. - Green Source has developed a product matrix to meet diverse user needs across various scenarios, including daily commuting, leisure, outdoor activities, and family outings [9][14]. Group 3: Product Innovations - The company has launched a new generation of liquid-cooled electric vehicles that can achieve over 100 kilometers of range on a single charge, addressing range anxiety for urban short-distance travel [14]. - The LYVA brand targets the high-end market with smart features and emphasizes a balanced lifestyle, potentially leading to significant profit growth [24]. Group 4: Service Ecosystem - Green Source has established a service ecosystem centered around a "3-kilometer service circle," with 13,000 smart stores nationwide providing battery rental and on-site repair services [14]. - The company aims to enhance user experience through efficient service management and rapid response capabilities [14]. Group 5: Market Positioning - The strategic shift includes transitioning from a single brand operation to a multi-brand structure, targeting different market segments with specific brands [16]. - The electric vehicle segment will focus on durable, cost-effective products priced between 2,000 to 5,000 yuan, while LYVA and Yuanxingzhe will cater to mid-to-high-end markets and ecological services, respectively [21][27]. Group 6: Market Opportunity - With approximately 425 million two-wheeled electric vehicles in China and annual sales of about 49.5 million units, the market for two-wheeled mobility products and services is expected to expand significantly [28]. - Green Source is well-prepared to seize this market opportunity through its strategic upgrades and technological innovations [28][29]. Group 7: Global Expansion - The company is advancing its global market strategy, exporting products to 80 countries and regions, and plans to implement localization strategies in Southeast Asia, South Asia, and Latin America [40]. - The "all-scenario light mobility solution" represents both a direction for product innovation and a shift from traditional sales models to user services [40].