I learned from the State Grid smart vehicle networking platform that during the Spring Festival travel season this year, the number of NEV highway charging capacity reached 134 million kilowatt-hours, an increase of 69.35% over the previous year; highway charging orders reached 5.96636 million, an increase of 53.29% over the previous year.

Orient Securities pointed out that domestic NEV ownership is expected to continue to grow at a high rate. Combined with domestic policy incentives, domestic operating and manufacturing companies with a deep layout of charging stations are expected to experience greater flexibility. On the one hand, charging pile support in third- and fourth-tier cities is poor. Combined, in line with new energy vehicles going to the countryside, the construction of charging piles in the sinking market will drive demand for equipment manufacturing. It is expected that equipment companies will add new orders one after another in the later stages. On the other hand, first-tier cities have a high tram ownership base. As the penetration rate continues to increase, it will continue to drive public charging demand, operators will benefit, and profits are expected to reach an inflection point.

According to the Finance Federation's theme library, among the relevant listed companies:

Baoxin Technology has cooperated to invest and operate liquid-cooled overcharging projects in Shanghai, Quanzhou, Hefei, Huaibei, etc. The company's liquid-cooled supercharging is compatible with 800V new energy vehicles such as Tesla, Cyrus, Xiaopeng, and Ideal.

Xiangshan Co., Ltd. has completed the development and production of DC pile products. In terms of charging operations, the company has now invested in the construction of a number of public charging stations in the Yangtze River Delta and Pearl River Delta regions.