Shulou(Shulou.com)11/24 Report--

In 2023, favorable policies for new energy vehicles were introduced intensively. In April, the political Bureau of the CPC Central Committee proposed to consolidate and expand the development advantages of new energy vehicles, and speed up the construction of charging piles, energy storage and other facilities and the transformation of supporting power grids. Subsequently, continue to reduce and reduce the purchase tax of new energy vehicles, further build a high-quality charging infrastructure system guidance, "Qianxian Wanzhen" new energy vehicle consumption season activities and other policies have been issued. China's new energy vehicle industry lives up to expectations and continues to lead the world in the first half of 2023.

On August 26, Daotong Technology released its semi-annual report of 2023. During the reporting period, the company realized operating income of 1.448 billion yuan, an increase of 40.13% over the same period last year. The net profit belonging to shareholders of listed companies was 189 million yuan, up 120.69% from the same period last year. Net profit belonging to shareholders of listed companies after deducting non-recurring gains and losses was 190 million yuan, up 156.06% from the same period last year. As a leading global provider of electric vehicle charging solutions, Daotong Technology has made a brilliant semi-annual report, benefiting not only from the vigorous development of the global new energy vehicle market, but also from its accumulated systematic advantages in the new energy field.

Continuous innovation to create core technological competitiveness, Daotong Science and Technology to break through the new energy track

In the first half of 2023, global sales of new energy vehicles were 5.832 million, an increase of 40.2 per cent over the same period last year and a market share of 15 per cent. Daotong Technology firmly grasps the opportunities and challenges brought about by new energy trends, and actively arranges new opportunities in charging, photovoltaic and energy storage, with the four core technologies of fast charging, intelligent charging, remote operation and maintenance, and interconnection. build leading solutions and products, upgrade and polish localized services and localized manufacturing, and create their own systematic moat.

The fast charging technology of Daotong Technology provides customers with a powerful and efficient charging solution. Ultra-fast charging makes charging closer to the refueling experience. At the same time, with the support of the leading AI algorithm, intelligent charging technology can optimize charging strategy, intelligent power allocation, improve equipment utilization and energy efficiency, and greatly improve equipment utilization and energy efficiency, and effectively reduce power grid pressure and operating costs.

The operation of charging infrastructure is bound to be accompanied by a series of operation and maintenance requirements. The development of remote operation and maintenance management technology can not only help operators greatly reduce daily maintenance costs, but also fully improve the available time of charging piles and improve charging revenue.

So far, pile compatibility in the charging industry is undoubtedly a clich é topic, not only to consider technological breakthroughs, but also to consider how to adapt to more and more new energy models around the world. The interconnection and interworking charging network built by Daotong Technology has been tested by real cars around the world, and the pile compatibility rate is as high as 99.5%. The four core technologies built around the ecology of the new energy automobile industry are the basis of the systematic advantages of Daotong science and technology.

The systematic advantage of Daotong Technology benefits from the company's high investment in research and development. According to the semiannual report, the total R & D investment of Daotong Technology accounts for 19% of the business income, and its R & D team is nearly 1,000, accounting for nearly 60% of the total number of the company (excluding production personnel). Formed a complete R & D organizational structure including software, hardware, design, testing and other functions. As of June 2023, Daotong Technology has obtained a total of 1554 patents and software copyrights at home and abroad, including 186 patents for inventions, 292 patents for utility models, 948 patents for designs and 128 software copyrights.

In the future, Daotong Technology will continue to strengthen the research and development of core technologies, accumulate and strengthen core technologies such as power electronics, pile compatibility, cloud services, energy management, and so on, to help the new energy business continue to upgrade iteratively.

Adhere to the pattern of globalization and localization, and turn Daotong science and technology into a "camp" step by step

Since its inception, Daotong Technology has adhered to the global development strategy, broke through the limitations of region, language and culture, and provided high-quality localization services and experiences to customers around the world. With its excellent product strength, end-to-end service experience and localization strategy, Daotong Technology has developed into the world's leading provider of electric vehicle charging solutions, covering more than 70 countries and regions, including the United States, Europe, Japan, Australia and so on.

The sharp increase in the company's net profit during the reporting period was also mainly driven by global business expansion. In the North American and European markets, products such as charging piles and ADAS of Daotong Technology are favored by the market.

In response to the latest US laws and policies, Daotong Technology has started to build a factory in the United States. Through localized production, Daotong Technology will also gradually implement local R & D, production and sales strategies to enhance its comprehensive competitiveness in the strategic market and lay the foundation for sales breakthroughs and supply delivery. According to the actual situation of the European market, Daotong Technology has not only set up a number of subsidiaries, R & D centers, training centers and warehouses in Europe, but also established agreement consistency and interoperability laboratories to provide European customers with a full range of end-to-end solutions to enhance customer experience.

After long-term operation, Daotong Technology has established a professional and systematic marketing system around the world. With the help of localization channels, Daotong Technology has established a sales and service system with high access rate and fast response in the global core market, and has won a large number of high-quality customers. the brand awareness and reputation precipitated over the years as well as deeply bundled partners have also become a key part of the systematic advantages of Daotong Technology.

Behind the excellent performance of 189 million yuan in net profit, up 120.69% from the same period last year, Daotong Technology's forward-looking layout of the global market and its adherence to the underlying logic of innovation-driven development. With innovation-driven technology and product competitiveness, global market layout, localized services and localized manufacturing, we jointly build the systematic advantages of Daotong Technology. Under the irreversible trend of global new energy, Daotong Technology focuses on "doing a good job of charging" and fundamentally solves the problems of customer safety inspection, efficient operation and maintenance, intelligent control and so on. From the perspective of the industry, in the context of the new energy era, Daotong technology, which already has systematic advantages and aims at the ecological construction of new energy, is worthy of a broader imagination.

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