PetroChina Kunlun Network Energy Technology (Guangdong) Co., Ltd. was established in April 2010 with a registered capital of 60 million yuan and is a wholly-owned subsidiary of PetroChina Company Limited. It is the first central state-owned enterprise in China with the construction, operation and service of new energy vehicle charging networks as its main business. Relying on China National Petroleum Corporation's industrial advantages in the energy sales field, it has been deeply engaged in the charging operation industry for more than ten years and has accumulated rich operational experience. It implements the five development concepts of "innovation, coordination, green, openness and sharing", innovates business models, builds core competitiveness, and is committed to becoming a leading comprehensive service provider in the new energy industry. PetroChina Kunlun Network Energy Technology (Guangdong) Co., Ltd. has cumulatively invested nearly 1.5 billion yuan in Shenzhen and has built facilities covering 9 administrative districts of Shenzhen. The company has cumulatively built 139 charging stations and deployed nearly 8,000 DC fast charging piles and AC charging piles, covering all administrative districts of Shenzhen and more than 400 property communities. The vehicle types served include new energy buses, taxis, logistics vehicles and time-sharing rental electric vehicles, etc., with a vehicle scale of nearly 150,000 vehicles. The company's cumulative charging volume has reached 1.625 billion kWh, with 21.26 million charging sessions. It has cumulatively saved 586 million liters of fuel and reduced carbon emissions by 1.5 million tons, equivalent to planting 80 million trees, making outstanding contributions to Shenzhen's environment and new energy industry, and achieving good social and ecological benefits. In terms of regional business expansion, at present, in addition to Shenzhen, our city business expansion has covered other Pearl River Delta cities in Guangdong, Hunan, Hainan, Fujian, Southwest China (Yunnan, Guizhou, Chongqing, Sichuan) and other provinces and cities. In the future, we will continue to promote the construction of Shenzhen's new energy vehicle infrastructure network, actively expand the promotion and application of new energy vehicles in South China, and promote the construction of interconnected urban and intercity charging infrastructure networks, making due contributions to realizing China's energy conservation and emission reduction and efficient energy management and promoting the development of the new energy vehicle industry.
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