Sheng Hong Steadily Expands Charging Business Overseas, Plans Subsidiaries in Europe and Southeast Asia

Sheng Hong stated during an institutional research visit on August 14, 2026, that its charging and swapping business has maintained steady growth in recent years, with overseas markets being one of the key growth curves for continued expansion. The company has built a certain market presence in regions such as Europe and Southeast Asia, and its products have successively passed certifications in multiple regions, laying the foundation for entering more overseas markets.

The company plans to actively expand into other emerging markets and establish subsidiaries and local service teams in key overseas markets to enhance product localization capabilities and after-sales response speed. With the continuous increase in new-energy vehicle export data, the existing stock of overseas new-energy vehicles continues to grow, leading to rising demand for charging infrastructure. Against the backdrop of continued implementation of overseas policies and subsidies, the company will accelerate the launch of adapted products around overseas customer needs, steadily expanding its overseas market coverage and business scale.