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1 April 2026, Shenzhen KeLu Electronic Technology Co., Ltd. (hereinafter referred to as “KeLu Electronic”) held the 2025 online performance briefing on the “Cloud Interview” column on the Shenzhen Stock Exchange’s “Interactive Easy” platform (http://irm.cninfo.com.cn). This performance briefing was conducted in the form of online written communication, during which the company’s management held in-depth exchanges with investors on core issues of concern to investors, such as the energy storage technology deployment, measures for operational improvement, and industry development trends.

Basic Information of Investor Relations Activity

Core Q&A Focuses on Three Directions

Energy Storage Technology: Focusing on “three highs” products and frontier technology research

Regarding the energy storage technology planning questions raised by investors, Chairman and General Manager Li Gefeng stated that KeLu Electronic will continue to increase R&D investment. In 2026, the company plans to focus on deploying energy storage system products with high performance, high safety, and high reliability, to adapt to industry development trends such as large-scale grid connection of energy storage and cluster-based dispatch. At the same time, the company will focus on core energy demand in computing power data centers and, as appropriate, carry out frontier technology research such as efficient power energy conversion and energy intelligent coordination. By optimizing the software and hardware design of its products, the company will promote modular and platform-based upgrades, improve product compatibility, scalability, and system integration capabilities, and help enhance customer value.

Operational Improvement: Implementing multiple measures to improve profitability

On the operations side, the company’s management indicated that it will continuously enhance product core competitiveness and market share through differentiated deployment. Meanwhile, the company will take measures such as optimizing expense control, disposing of inefficient assets, and improving operational efficiency to improve profitability from multiple dimensions. Specific operating circumstances will be subject to the company’s periodic reports disclosed.

Industry Outlook: High prosperity coexists with pressure

Regarding the overall energy storage industry situation in 2026, the company believes the industry will maintain a high-prosperity development trend, with strong demand in both domestic and international markets and a continuously rapid growth in installed capacity. However, the industry is also facing pressure on gross margin due to the phased increase in cell costs and intensified competition. KeLu Electronic will proactively respond through measures such as differentiated deployment, product innovation, and supply chain optimization, fully leveraging its own advantages to seize industry development opportunities.

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