TGOOD(SZ:300001)2022-12-08 02:24Group 1: Company Overview - Qingdao Teruid Electric Co., Ltd. is involved in the development and operation of intelligent charging systems for electric vehicles [2] - The company aims to build the largest electric vehicle charging network in China, integrating charging, vehicle sales, maintenance, and rental services [5] Group 2: Technology and Product Features - The 110kV urban center box substation has received expert recognition and is expected to facilitate user orders [3] - The modular design of the charging system allows for easy upgrades and modifications without the need for complete reconstruction of charging terminals [4] - The intelligent charging system maximizes battery life and ensures grid safety through control and protection features [4] Group 3: Market Strategy and Challenges - The company anticipates that existing charging stations may need to be replaced within 2-3 years due to rapid technological advancements [4] - Different business models will be employed to address the unique challenges of installing charging facilities in residential and public areas [6] - The company plans to leverage partnerships and a sharing mechanism to promote charging facilities in various cities [8] Group 4: Financial and Operational Insights - The company is optimistic about funding, focusing on how to effectively allocate resources rather than the availability of funds [6] - Approximately 90% of vehicles are expected to charge during off-peak hours, utilizing low-cost electricity [8] Group 5: Competitive Landscape - Companies that possess user data in the rental and sales sectors are not seen as competitors but potential collaborators [7] - Teruid Electric's products are self-manufactured, leading to lower costs compared to competitors who rely on purchased equipment [7] Group 6: Future Vision - The company aims to create an internet cloud platform to establish a comprehensive ecosystem for new energy vehicle charging [5] - The integration of charging networks, internet, and IoT is aligned with national policy directions [8]