2025-12-18 09:40Group 1: Company Overview and Market Position - The company is experiencing rapid growth in the power generation sector, driven by the surge in electricity demand due to the fast development of AI technologies [2] - The power generation business is diversifying its revenue sources through a range of products including diesel, natural gas, and SOFC, catering to both backup and primary power markets [2] - The company aims to provide efficient, reliable, safe, and clean data center power solutions, establishing a comprehensive ecosystem for high-end global customers [2] Group 2: SOFC Business Development - The company is committed to advancing its SOFC (Solid Oxide Fuel Cell) business through continuous technological innovation and market expansion [3] - In November 2025, the company signed a technology licensing agreement with Xili Technology, gaining full control over core technologies related to batteries, stacks, systems, and power stations [3] - The company has introduced a new generation of high-power metal-supported commercial products, significantly improving power generation efficiency and density, and has established partnerships with leading domestic and international firms [3] Group 3: New Energy Heavy Truck Strategy - The company is accelerating its layout in new business areas, focusing on pure electric power systems, fuel cells, and hybrid technologies to meet diverse market demands [3] - Future strategies include leveraging the group's full industrial chain advantages to promote rapid development in the new energy sector [3]