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The Group has always adhered to the corporate development strategy of technological leadership. With leading edge in "new technology, new materials and new products", the group has continued to lead the industry's rapid development. As a leading enterprise in the battery industry, the Group has also participated in the formulation of a number of industry standards to contribute to the development of the industry.

During first half of 2023, the Group’s R&D expenses amounted to approximately RMB497 million, representing approximately 3% of the Group’s total revenue. As at 30 June 2023, the Group had recruited over 19 renowned experts in and outside the country.

The Group has established R & D platforms such as nationally recognized enterprise technology center, nationally recognized laboratory, national environmental protection engineering technology center, provincial key enterprise research institute, academician workstation, national post-doctoral scientific research workstation, national environmental protection lead-acid battery production and recycling pollution prevention engineering technology center, and has a number of technology R&D centers around the world.



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