A：The total amount of new installed capacity in the global energy storage market is expected to show a steep growth trend from 2019 to 2030. It is estimated that the total amount of new installed capacity can reach 974G watt-hours in 2030, with an average annual compound growth rate of 33%. In particular, driven by the development of AI technology and data centers, the demand for power and energy facilities has increased, indicating that the energy storage market has a broad development space in the future.

A：At present, the company ranks eighth in shipments in the multi-purpose energy storage market, and freight energy storage products rank among the top ten in the market. The company is committed to creating a full-scene, full-ecological and full-chain strategic pattern, and put forward the development concept of "AI energy storage" and "energy storage and token" as the core. At the same time, the company is actively laying out AI areas and constantly promoting technological innovation and market application.

A：The company has implemented a dual-regional strategic layout at home and overseas, not only occupying a certain share of the domestic market, but also increasing overseas strategic investment since this year in view of the rapid development of the overseas energy storage market. The technology center is located in Wuxi headquarters, with manufacturing bases in Wuxi, Baoding, Yichun and Lianyungang. The service centers are mainly located in Europe and Africa to better serve global customers.

A：Led by three young founders, the company has a dynamic team that has doubled revenue over the past few years. The team adheres to the cultural concept of "upward results, downward roots", people-oriented, and pursues excellence and innovation.

A：The company is currently divided into two business segments, one is to provide energy storage system solutions, covering large storage, industrial and commercial storage, household storage full business scenarios. It is widely used in zero-carbon parks, independent energy storage, micro-grid load storage, Taiwan energy storage and AIDC, and focuses on the development and deepening of cooperation in the field of virtual power plants.

A：Of course. In the chef scenario, we use AI technology to achieve a fully managed AI system that serves the mutual storage sector and is widely used in Europe and Africa. In addition, by integrating the AI CFESS system, we can realize battery early warning management, UAV and robot inspection, and intelligent safety helmet inspection system in power stations and multiple scenarios, thus greatly reducing the operation and maintenance costs of power stations.

A：The microgrid management platform integrates a variety of energy equipment and builds a new energy integrated management system, which is suitable for AI display in different scenarios, such as home storage, household storage, industrial and commercial storage, power grid and other fields. By using Hanchu's IES and CFESS products, we have not only established a leading edge in the domestic market, but also covered more than 30 countries overseas, with a 5G global layout, rapid revenue growth, leading the industry in asset turnover, and working closely with large eco-innovation consortia to maintain a leading position in the supply chain from R & D to production. We have significant advantages in customer resources and supply chain, providing a leading position for the country as a whole. At the same time, with AI energy storage system products, we have strong competitiveness in the international market, have successfully entered more than 30 countries, and maintain good cooperative relations with five big and six small enterprises, power construction, energy conservation, Ningde, Zhongchuang Xinhang and other enterprises. In addition, the company can provide full-scene energy storage system solutions, through AI investment to enhance product market competitiveness, with a number of large-scale energy storage project cases, such as the world's largest hybrid energy storage project-Inner Mongolia Shangu Shanliang project.

A：At present, we are building strategic centers in Hong Kong and Singapore, covering Europe, Africa, the Middle East, Australia, Southeast Asia, North America and Japan. In terms of ecological cooperation, we maintain a close cooperative relationship with large eco-innovation consortia, covering R & D, supply chain, capital and market.

A：Since 2022, the company's revenue has steadily increased, from 0.14 billion to 2.05 billion in 2025, an annual growth rate of more than 100. We expect to continue to maintain a high growth rate. In terms of asset turnover and gross profit, the company is at the leading level in the industry, especially through supply chain integration and management optimization, operating cash flow to achieve positive. Gross profit rebounded to 18.6 per cent, reflecting our strategic positioning in domestic and international markets and the effectiveness of supply chain management.

A：In 2022, the company's gross margin remained high, mainly due to the high gross margin of the overseas mutual reserve market. In 2024, with the increase in domestic projects and the decline in gross profit, gross profit rebounded to 18.6 per cent through supply chain integration and increased revenue from overseas operations. For the future outlook, the company will continue to strengthen product strength and AI deep embedding, while laying out overseas networks and upgrading domestic channels, the current order size on hand has exceeded 2.5 billion, and in the domestic development phase of the project reserves of about 2 billion. The company will actively respond to market changes and maintain steady development.

A：Yes, our company has a layout in the field of energy storage, including household storage, industrial and commercial storage and chef scenes, and has a relatively wide range of product lines. Our size is not large enough compared to our large competitors, which gives us a lot of flexibility. For example, in the past few years, we have successfully transformed our revenue structure by adjusting and transforming. This flexibility allows us to quickly respond to changes and achieve results in the market.

A：Our company gives priority to cooperation with the projects of the large energy storage eco-innovation consortium. If it is not a designated project, it will also give priority to enterprises in the consortium system such as Zhongchuang Innovation Bank for cooperation. The consortium's support for our company is very large, accounting for about half of our big Chu project. At the same time, we also have some marketing projects.

A：In the European market, our household storage products will be equipped with safe IES system, through APP directly to users, to achieve full-process hosting services, to help users in the more market-oriented European electricity market to obtain revenue. In addition, we use drones and intelligent inspection technology to reduce the operation and maintenance costs of large charging stations, which can be effectively managed with only a small number of personnel, which is essential to achieve profitability.

A：Although the company's total R & D investment in 2025 accounts for a low proportion of revenue, our previous R & D on the Hanchu IES system has lasted for a long time. With the rapid growth of the company's revenue scale (200 percent in 24 years), we will increase our investment in AI construction and research and development in the future, and plan to arrange a larger segment of the use of IBO funds for AI-related projects. At present, there are more than 50 R & D teams in Wuxi innovation sector.

A：AI technology indirectly creates economic benefits by matching to the product side, such as providing support for power plant operations. At present, we are continuing to follow up the research and development of AI ports, and will share information with investors when there are phased results or important nodes.

A：In the early days, the company focused on the overseas account storage market. Although the absolute size of the overseas market continued to rise, it declined in terms of revenue share. In the long run, the company will adjust the layout according to the gross profit analysis. At present, the gross profit of large reserves in the domestic market is about 16%, while the average gross profit of large reserves and household reserves in overseas markets is about 22%, which is more advantageous.

A：The company has noted the impact of raw material price fluctuations and is seeking countermeasures to reduce cost pressures. As companies such as Sungrow Power were affected in the fourth quarter and the first quarter, the company will pay close attention to market changes and adopt corresponding strategies to deal with the challenges brought by high-priced raw materials.

A：At present, we have more than 2.5 billion orders in hand and more than 2 billion projects in domestic development, which basically guarantees the basic market this year. Especially at the household storage end, the European market is in short supply due to geopolitical and energy crisis problems, and sales are expected to jump this year. The African market will also achieve greater growth in household storage due to our early entry and leading market share, as well as the expansion of channel business development and the construction of offline physical examination stores in Europe and southern Africa.

A：The core competitiveness of the company is reflected in the supply chain management. We have established strategic alliance cooperation with many industry leading enterprises such as Zhongchuang Xinhang, which enables us to maintain the order level of domestic large storage projects. In addition, in the layout of AI technology, we are improving the competitiveness of our products through AI. Achieving operational cost reduction is not as simple as purchasing equipment, but requires project support and continuous experimentation. At present, the scale of our operation and maintenance projects in the consortium is about 7G watt-hours, which is difficult to achieve in many enterprises. At the same time, our investment and layout in AI are also key.

A：The guarantee of shipment volume depends on a set of strategies, including high-quality supply chain cooperation, regional selection, peak shaving and frequency modulation participation and other factors to form a complete solution. At present, our main market in the domestic Hebei, Shandong and Inner Mongolia and other places, these places have the basic guarantee of capacity leasing, and can achieve excess returns of power stations through peak modulation.

A：The doubling of the company's performance is inseparable from the development of the industry as a whole. The rapid growth of the energy storage industry provides the company with a broad space for development. Secondly, the company covers the whole scene in different times and cycles, and can seize market opportunities, such as early successful layout of overseas markets and maintaining a leading position, as well as making timely strategic adjustments to different market needs.