Gotion High-tech Co., Ltd.

Company Profile

1. Leading Technology research and development Adhering to the philosophy of seeking development through innovation, the Company has established eight R&D centers globally, including those in Shanghai, Hefei in China, Tsukuba in Japan, Singapore, Silicon Valley in the United States, and Cleveland in the United States, as well as four major experimental platforms in Baohe Disctrict of Hefei City, Xinzhan District of Hefei City, Jiading District of Shanghai and Liuhe County of Nanjing City. Besides, the Company has been continuously improving its R&D capabilities and technical strength, and now owns multiple core technologies in the fields of battery materials, battery processes, and battery testing. The Company continued to increase investment in R&D and made progress in material system R&D, battery manufacturing technology, manufacturing process capabilities and product applications. During the reporting period, the Company delivered 8 new third-generation battery products, including Volkswagen UC ternary and iron lithium standard cell, L600, etc, and launched new 5C ultra-fast charging G-carved battery, high-nickel ternary cylindrical Xingchen battery, and the first development progress of the goldstone battery based on the all-solid-state battery technology. The Company lays emphasis on the cooperation and exchange with well-known domestic and foreign enterprises, universities and research institutions, and constantly improves its technology R&D level through industry-university-research cooperation and technology introduction. At the same time, the Company pays attention to the protection and management of IP rights, takes the initiative to apply for patents, and participates in the formulation of industry standards. The Company had more than 7,000 members of the R&D technical team. As of the end of June 2024, the Company applied for a total of 9,295 patents, and licensed a total of 5,534 patents, including 1,330 invention patents (including 94 foreign patents), 3,764 utility model patents, and 440 design patents, has published 290 research papers, 24 SCI papers, 192 core journals, and 266 copyright registrations, and has led and participated in the formulation of a total of 92 standards. 2. Advantages of full industry chain layout The Company is one of the earliest battery companies to make a strategic arrangement in the upstream chain. It has successively made arrangement in upstream raw materials such as mineral resources, precursor, positive electrode, negative electrode, copper foil, diaphragm, as well as cell, battery pack and battery recycling, forming a relatively complete ecosystem of the whole industrial chain. On the upstream resource side, the Company accelerated the development and arrangement of mineral resources in Yichun, Indonesia, Argentina and other places, and steadily improved the production capacity of its material bases in Lujiang, Feidong, Wuhai and other areas. On the battery manufacture side, the Company further optimized its production capacity layout, improved its battery manufacturing capabilities, transformed and expanded production bases in China, and accelerated the arrangement for constructing bases in overseas regions such as the Asia Pacific, Europe & Africa and the Americas. Currently. On the downstream application side, the Company maintains good long-term cooperative relationships with customers such as Chery Automobile, SAIC GM Wuling, JAC, Changan Auto, Geely, SAIC Maxus, Huawei, State Grid, China Tower, Wenergy Group, Volkswagen, TATA, Vinfast, Rivian, etc. Its battery products are widely used in fields such as new energy vehicles, industrial and commercial energy storage and household energy storage. 3. Acceleration of the globalization strategy The Company lays emphasis on the expansion of international market. Focusing on the three major regions for its business (i.e., Americas, Europe & Africa and the Asia Pacific), it actively seeks international cooperation, with its products exported to multiple countries and regions around the world, including Thailand, Indonesia, Vietnam, India, Singapore, the United States, Canada and the European Union. On the other hand, guided by the globalization strategy, the Company has been comprehensively promoting the construction of overseas production bases and R&D arrangemnt, accelerating the localization production and R&D process. Currently, products from four Pack factories in Germany, Indonesia, Thailand and Silicon Valley in the United States have been successfully taken offline. In addition, the Company has established long-term strategic partnerships with well-known overseas enterprises to jointly explore the global new energy market and continuously improve its market share and international competitiveness.