Believing that technological innovation is the primary driver of development, the Group has continued to expand its talent pool, enhance R&D capabilities and, through high- end products carrying the “CHILWEE” brand, demonstrate its exceptional strengths and lead industry development.

During 2024, the Group spent approximately RMB1,379 million on R&D, equivalent to approximately 2.7% of the Group’s total revenue. As at 31 December 2024, the Group had employed more than 30 renowned experts from in and outside the country as staff.

In addition, the Group is also recognised as a National Model Enterprise of Technological Innovation and a National Model Enterprise of Intellectual Property. It has established multiple R&D platforms, including a nationally-recognised enterprise technology centre, a nationally-accredited laboratory, a national environmental protection engineering technology centre, a provincial key enterprise research institute, an academician workstation, a national post-doctoral scientific research workstation, and a national environmental protection lead-acid battery production and recycling pollution prevention engineering technology centre, and several technology R&D centres overseas.