Core Viewpoint - Shenzhen Youyou Green Energy Co., Ltd. successfully listed on the Shenzhen Stock Exchange's Growth Enterprise Market on June 5, 2023, and is a leading supplier of charging modules for electric vehicles in China, holding a market share of 10.58% in 2023 [1][2]. Group 1: Company Overview - Youyou Green Energy specializes in the research, production, and sales of core components for direct current (DC) charging equipment for electric vehicles, with a focus on 15kW, 20kW, 30kW, and 40kW charging modules [2]. - The company has established long-term partnerships with leading enterprises in various sectors, including charging pile manufacturers and electric vehicle manufacturers, both domestically and internationally [2]. Group 2: Market Position and Growth - In 2023, the charging module market experienced an increase of 726.60 billion watts, with Youyou Green Energy's domestic sales reaching 76.90 billion watts, resulting in a market share of 10.58% [2]. - The company's revenue is projected to grow from 9.88 billion yuan in 2022 to 14.97 billion yuan in 2024, with a year-on-year increase of 3.87% expected in the first half of 2025 [3]. Group 3: Industry Trends - The electric vehicle market in China has seen significant growth, with annual sales rising from 301,700 units in 2016 to 8,968,100 units in 2023, reflecting a compound annual growth rate (CAGR) of 62.35% [4]. - The number of charging piles has increased from 445,700 units at the end of 2017 to 10,243,000 units by mid-2024, with a CAGR of 61.97% [4]. Group 4: Product Development and Innovation - Youyou Green Energy has developed new products, including a 40kW ultra-high power charging module and a 30kW charging module designed for harsh environments, which have received positive feedback from customers [4]. - The company is also focusing on small power DC charging products, V2G products, and energy storage charging products, with advancements in technology such as DSP chips enabling new applications [5][6]. Group 5: Research and Development Investment - The company's R&D investment has increased significantly, from 40.18 million yuan in 2022 to 109 million yuan in 2024, with a CAGR of 65.01% over the past three years [7]. - Youyou Green Energy aims to enhance its production capacity and market competitiveness through the establishment of a fully automated production line and further investment in emerging application areas [7].

策 略 研 究 新股研究 2025 年 05 月 16 日 优优绿能：规模化充电模块供应商 ——注册制新股纵览 20250516 投资提示： 证券分析师 彭文玉 A0230517080001 pengwy@swsresearch.com 朱敏 A0230524050004 zhumin@swsresearch.com 研究支持 任奕璇 A0230123050002 renyx2@swsresearch.com 联系人 任奕璇 (8621)23297818× renyx2@swsresearch.com 请务必仔细阅读正文之后的各项信息披露与声明 本研究报告仅通过邮件提供给 中庚基金 使用。1 彭 玉 文 1 0 0 0 8 证 券 研 究 报 告 0 7 1 5 0 3 2 0 A p m o c . h c r a e s e r w s @ y w g n e 朱 敏 4 s 0 0 0 5 0 4 2 5 0 3 2 0 A z m o c . h c r a e u s e r s w s @ n i m h 申 购 策 略 ⚫ AHP 得分——剔除流动性溢价因素后，优优绿能 1.74 分，位于总分的 ...

深圳市优优绿能股份有限公司关于募集资金具体运用情况 经公司 2022 年第三次临时股东大会审议通过，公司拟公开发行不超过 1,050 万股人民币普通股，募集资金总额将根据实际发行数量及发行价格确定。本次募 集资金扣除发行费用后，将全部用于与公司主营业务相关的项目，具体投资项目 按轻重缓急排列如下： 单位：万元 利用募集资 项目名称 投资总额 项目备案 项目环评 金投资额 深圳市优优绿能股份 深宝安发改备案 深环宝备【2022】 产基地建设项目 深圳市优优绿能股份 深光明发改备案 有限公司总部及研发 27,465.19 27,000.00 - 〔2022〕0327 号 中心建设项目 补充流动资金 16,000.00 16,000.00 - - 合计 70,747.56 70,000.00 - - （一）深圳市优优绿能股份有限公司充电模块生产基地建设项目 本项目总投资 27,282.37 万元，建设期为 18 个月。本项目拟通过租赁场地 建设的方式，利用公司技术和管理优势，对充电模块产能进行扩充和升级。 （1）提升产能规模、满足下游市场需求 在国际原油价格波动、节能减排、能源安全等诸多因素影响下，我国政府大 力推 ...