Gcl Energy Technology Co.Ltd(002015) and Beijing Changjiu Logistics Corp(603569) reached strategic cooperation on power exchange

On March 22, Gcl Energy Technology Co.Ltd(002015) ( Gcl Energy Technology Co.Ltd(002015) ) announced that the company and Beijing Changjiu Logistics Corp(603569) (hereinafter referred to as " Beijing Changjiu Logistics Corp(603569) ") signed a strategic cooperation framework agreement. The two sides will focus on replacing new energy vehicles and jointly build a green logistics network.

According to the framework agreement, based on Gcl Energy Technology Co.Ltd(002015) large-scale and low-cost green power supply, advanced technology and construction and operation advantages of the power station, as well as Beijing Changjiu Logistics Corp(603569) nationwide sound logistics network, warehousing, port, delivery center and other logistics and warehousing resources, the two sides will invest in the power station, storage and transportation of power batteries, recycling of power batteries, charging and replacement of new energy vehicles Carry out comprehensive cooperation in the development and promotion of special electric vehicles for long-term replacement and the joint promotion of related products, and accelerate the process of zero carbon land transportation through the large-scale promotion of electric vehicle replacement.

This year's government work report proposes to promote carbon neutralization in an orderly manner and implement the action plan for carbon peaking; We will continue to improve the ecological environment and promote green and low-carbon development. During the two sessions, 44 proposals were directly related to carbon neutralization. Among them, the popularization and promotion of new energy vehicles and related charging and replacement equipment is one of the most concerned fields.

In 2022, under the background of policy support, capital support and mature technology, the ecology of power exchange industry is expected to usher in rapid development Orient Securities Company Limited(600958) predicts that from 2021 to 2025, the compound growth rate of construction, operation and power exchange equipment of power exchange station will reach 80% - 107%. In 2025, the market scale of operation end is expected to reach 263.1 billion yuan, and the market of power exchange station equipment is expected to reach 69.3 billion yuan.

As a leading mobile digital energy technology operator in China, Gcl Energy Technology Co.Ltd(002015) is committed to providing integrated energy solutions for motorized travel, Beijing Changjiu Logistics Corp(603569) is the first listed third-party automobile logistics enterprise in China, has been deeply engaged in the supply chain service of the automobile industry for 30 years, and has formed the layout of the national large cycle automobile logistics resource network, with a comprehensive transportation capacity of more than 3 million passenger cars and commercial vehicles. Changjiu group, the controlling shareholder, owns five sectors: Beijing Changjiu Logistics Corp(603569) , Changjiu automobile sales, Changjiu digital technology, automobile manufacturing and Changjiu e-commerce to jointly build an integrated operation platform of international and capitalized automobile value chain.

In this signing, the two sides will include the investment in power stations, the promotion of electric vehicles, the echelon utilization of power batteries, the construction of transportation network and the construction of financial products into the strategic cooperation framework. They will give full play to their respective advantages, make every effort to build an integrated ecosystem of vehicles, stations and batteries, and create a demonstration sample for the large-scale promotion of new energy vehicles.

Earlier, on March 16, XCMG group and Gcl Energy Technology Co.Ltd(002015) held a signing ceremony of new energy strategic cooperation in. According to the strategic cooperation framework agreement, in terms of cooperation in power exchange heavy truck products, it is planned that the two sides will realize the sales of more than 10000 power exchange heavy truck models and the construction of more than 200 power exchange stations in the next three to five years.

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