Shangao New Energy (01250) issued an announcementbaccaratcoffee, May 11, 2024, jointly organized by Beihang University and the companybaccaratcoffeeThe "Beihang Shangao Transportation and Energy Integration Research Center Inaugural Meeting and Demonstration and Application Seminar on Existing Transportation and Energy Integration" was successfully held in Beijing. The establishment of the Beihang Shangao Transportation and Energy Integration Research Center (the "Research Center") marks a solid step for the Group in integrating industrial and academic research. It also deepens exchanges between the Group and the academic community and obtains the latest cutting-edge scientific research results, thereby accelerating technology Transformation and business innovation to achieve simultaneous improvement in corporate R & D efficiency and market competitiveness.

After sufficient planning and preparation, the company decided to formally establish a research center, which will help enhance the Group's industry influence and popularity, and also provide new opportunities for the Group's development and construction in the integration of "transportation + clean energy". In the future, the Group will use the research center to achieve broader cooperation and development, so as to maintain its leading advantage in the field of transportation and energy integration, and also help the Group better grasp the latest policy orientation, industry trends and scientific research results, which will strongly improve the Group's efforts. Opportunities for business development and resource acquisition.