许继电气股份有限公司

        XJ Electric Co., Ltd. (hereinafter referred to as "XJ Electric" or "the Company") was established in March 1993 and listed on the Shenzhen Stock Exchange on April 18, 1997. The company is the first listed enterprise in its domestic industry, one of the inaugural council members of the China Association for Public Companies, a national high-tech enterprise recognized by the Ministry of Science and Technology, and possesses a state-recognized enterprise technology center and a postdoctoral workstation.
        After joining the State Grid in 2010, the company's development entered a "fast lane." As a leading enterprise in China's power equipment industry, the company is committed to providing high-end energy and power technology equipment for national economic and social development, offering comprehensive technology, products, and services to support clean energy production, transmission, distribution, and efficient utilization. The company focuses on five core businesses: ultra-high voltage, smart grid, new energy, electric vehicle charging and swapping, rail transit, and industrial intelligence, as well as five emerging sectors: integrated energy services, smart manufacturing, smart operation and maintenance, advanced energy storage, and all-electric military applications. Its products are widely used in various segments of the power system.
        XJ Electric has always regarded standardized operations and improving corporate governance as the foundation for sustainable development, forging a path of regulated operation and integrity-based management. The company has consistently received an "excellent" rating for information disclosure from the Shenzhen Stock Exchange for many years; the "XJ Electric" stock has been listed by Shenzhen Securities Information Co., Ltd. as one of the "100 most market-influential stocks" and has been included in the initial constituent stocks of the CSI 300, Shenzhen 100, and Shenzhen Independent Innovation Index, as well as being among the first batch of companies eligible for the Shenzhen-Hong Kong Stock Connect.
        Looking ahead, XJ Electric will continue to promote management and technological innovation, maintain standardized operations and integrity-based management, foster sustainable, rapid, and healthy development, and sincerely reward its shareholders. The company will remain closely attuned to advancements in technology, further accelerate the industrialization and marketization of high-tech products, and dedicate itself to providing high-quality products and services to ensure the safe and economic operation of the power system and contribute to the development of the national equipment industry.