Group 1: Company Overview - The company, Shouhang New Energy Co., Ltd., reported a revenue of approximately 2.711 billion CNY and a net profit of about 258 million CNY for the year 2024 [3] - As of March 31, 2025, the company holds 250 authorized patents, including 105 invention patents, 94 utility model patents, and 51 design patents [4] Group 2: Product Development and R&D - The company has developed a comprehensive product matrix covering household, commercial, and large-scale ground power stations, recently launching two new products aimed at small and medium-sized commercial users [2] - In 2024, the company invested approximately 272 million CNY in R&D, maintaining a high investment intensity of 10.04%, with 500 R&D personnel constituting 31.99% of the total workforce [3] Group 3: Financial Management and Fund Utilization - The company has established a fundraising management system to ensure the rational use of raised funds, which will be stored in a dedicated account [3] - The company operates an independent financial accounting system and does not share bank accounts with its controlling shareholders [3] Group 4: Market Strategy and Competition - The company plans to deepen its global strategy, actively expanding into markets in Germany, France, Japan, South Korea, the Middle East, South America, and the Asia-Pacific region [5] - The company aims to continuously enhance its core competitiveness to create value for shareholders while dynamically assessing strategies based on market conditions and shareholder needs [5] Group 5: Production Capacity and Future Plans - The current production capacity for energy storage batteries is approximately 18,000 units, with plans for expansion through the "Shouhang Energy Storage System Construction Project" [5]