1 Introduction to the Project1.1 Project background1.1.1 Product introduction
A public charging station is a device that provides electrical energy to electric vehicles, allowing them to store enough power to support their operation. Public charging stations are divided into AC charging stations and DC charging stations, mainly providing charging services for vehicles in society.
Public charging stations have the characteristics of convenience, efficiency, environmental friendliness, and feasibility, which can meet the charging needs of electric vehicle users in public places and are an important infrastructure for promoting the popularization of electric vehicles.
1.1.2 Market prospect(1) Current situation of the new energy vehicle industry
New energy vehicles refer to the vehicles that use unconventional vehicle fuels as their power source (or use conventional vehicle fuels and adopt new on-board power devices), integrate advanced technologies in vehicle power control and drive, and form advanced technical principles, new technologies, and new structures. Unconventional automotive fuels refer to fuels other than gasoline and diesel.
New energy vehicles include four types: hybrid electric vehicles (HEV), blade electric vehicles (BEV, including solar vehicles), fuel cell electric vehicles (FCEV), and other new energy (such as supercapacitors, flywheels, and other high-efficiency energy storage devices) vehicles. In terms of environmental protection and energy conservation, new energy vehicles have obvious advantages. Against the backdrop of the “carbon peak and carbon neutralization” strategy, new energy vehicles have become a key industry for the development of countries around the world.
The new energy vehicle manufacturing industry has the characteristics of a long industrial chain and multiple links involved. In recent years, with strong policy support, China’s new energy vehicle industry has formed a relatively complete industrial chain, and the resilience of the industrial chain and supply chain has been significantly improved. The upstream of the new energy vehicle manufacturing industry chain includes the supply of raw materials such as lithium, cobalt, nickel, graphite, and rare earths, core electronic components such as IGBT, MCU and driver chips, as well as key components such as power batteries, drive motors, electronic control systems (i.e. “three electric systems”) and charging equipment. The midstream of the industry chain is the design and manufacturing of new energy vehicles, represented by some manufacturers such as BYD, Tesla, NIO, Xiaopeng, and Ideal. The downstream of the industrial chain includes charging and swapping services, as well as automobile sales, after-sales, and related services.
With the increasing global emphasis on environmental protection and the transformation of energy structure, new energy vehicles, as a green, environmentally friendly, and efficient means of transportation, are gradually becoming the development trend of the automotive industry. In recent years, China’s new energy vehicle market has shown a rapid growth trend, with strong government support, continuous technological advancements, and increased consumer environmental awareness providing strong guarantees for the development of new energy vehicles.
Data shows that from 2015 to 2023, the sales of new energy vehicles have shown a sustained and rapid growth trend. In 2015, the sales volume of new energy vehicles was 331000 units, and by 2023, it has grown to 9.495 million units, achieving a significant leap in just a few years. This indicates that the demand for new energy vehicles in the market is constantly expanding, and consumers’ acceptance and recognition of new energy vehicles are gradually increasing.
Figure 1 Sales Volumes and Growth Rates of New Energy Vehicles in China from 2015 to 2023
On April 23, 2024, the International Energy Agency (IEA) released the Global Electric Vehicle Outlook Report 2024. The report points out that nearly 18% of global cars sold in 2023 were electric vehicles, up from 14% in 2022 and 2.5% in 2019. In addition, global electric vehicle sales growth in 2023 once again broke previous records, with the sales volume reaching 14.8 million, maintaining a strong growth momentum. This indicates that consumers’ acceptance of electric vehicles is constantly increasing, and the annual rise in global electric vehicle sales volume also suggests that the electric vehicle market still has huge development potentials in the future.
From 2017 to 2023, the sales volume of blade electric vehicles in China have increased from 468000 to 5.15 million, showing a strong growth trend. This indicates that pure electric vehicles occupy an important position in the new energy vehicle market, and the market demand is constantly expanding.
Figure 2 Sales Volumes and Growth Rates of Electric Vehicles in China from 2017 to 2023
With the continuous advancement of technology and the reduction of costs, the performance of plug-in hybrid vehicles will continue to improve, and the price will become more affordable. Meanwhile, with the continuous improvement of charging facilities and sustained policy support, plug-in hybrid vehicles are expected to occupy a place in the new energy vehicle market.
From the sales data, the sales volume of plug-in hybrid vehicles was 230000 in 2019 and has increased to 1.95 million by 2023, showing a significant upward trend overall. This indicates that the plug-in hybrid vehicle market is constantly expanding and receiving increasing attention and recognition from consumers.
Figure 3 Sales Volumes and Growth Rates of Plug-in Hybrid Vehicles in China from 2019 to 2023
With the continuous advancement of technology and the reduction of costs, extended range hybrid vehicles are expected to occupy a larger share in the new energy vehicle market. The government’s support policies for new energy vehicles will continue to promote the development of extended range hybrid vehicles, such as car purchase subsidies, tax incentives, and unrestricted driving policies. With the increasing demand from consumers for environment-friendly and energy-efficient vehicles, it will provide a broad market space for the development of extended range hybrid vehicles.
From 2019 to 2023, the sales volume of extended range hybrid vehicles have shown a rapid growth trend. In 2019, the sales volume was only 0.02 million, with a very small base, but by 2023, it has grown to 630000, achieving a leapfrog development. This indicates that extended range hybrid vehicles have gradually gained recognition and acceptance from consumers in the market, and the market demand is constantly expanding.
Figure 4 Sales Volumes and Growth Rates of Extended Range Hybrid Vehicles in China from 2019 to 2023
(2) Market demand analysis of the project
The new energy vehicle industry chain in our country will develop synergistically, and core component enterprises of batteries, motors, and electronic controls, etc. will strengthen cooperation with vehicle enterprises to jointly promote the progress of new energy vehicle technology and market development. At the same time, the construction of infrastructure such as charging stations and battery swapping stations will also be accelerated, providing strong support for the development of new energy vehicles.
With the continuous increase in sales volumes of new energy vehicles, the number of charging infrastructure is also growing rapidly. In recent years, China’s charging infrastructure has developed rapidly and China has built the charging infrastructure system with the largest quantity, the widest service range, and the most complete varieties in the world. China Electric Vehicle Charging Infrastructure Promotion Alliance released the operation status of the national electric vehicle charging and swapping infrastructure in 2023. As of December 2023, the number of charging stations in China has reached 8.596 million, a year-on-year increase of up to 65.0%. Among them, the number of public charging stations was 2.726 million, a year-on-year increase of 51.7%, accounting for 31.7% of the overall number of stations; the number of private charging stations was about 5.87 million, a year-on-year increase of 72.0%, accounting for 68.3% of the overall number of stations. According to the data from the Ministry of Public Security, as of the end of 2023, the number of new energy vehicles in China reached 20.41 million. Based on this calculation, the pile to vehicle ratio is approximately 1:2.37. This data indicates that with the continuous expansion of the new energy vehicle market, the charging pile industry has ushered in opportunities for rapid development.
The market development speed of the new energy vehicle industry is not slowing down, and with the surge in the market, there is a huge demand for energy replenishment. In the absence of revolutionary breakthroughs in power battery technology, range and energy replenishment speed remain key factors restricting the increase in penetration rate of new energy vehicles. At present, there are still problems in China’s charging infrastructure, such as incomplete layout, unreasonable structure, outdated charging pile technology, unbalanced services, and inadequate operation standards, which urgently need to be improved. As the scale continues to increase, the difficulty of adjustment is small, but the potential for improvement is great.
With the continuous growth of Da’an’s economy and the increasing level of social consumption, the output and sales volume of new energy vehicles have grown rapidly, and the demand for public charging stations among the people is increasing day by day. The market prospect for the construction of this project is good.
1.1.3 Advantageous conditions of project construction(1) Policy advantages
The National Development and Reform Commission and the National Energy Administration jointly issued the Opinions on Improving the System, Mechanism, and Policy Measures for Energy Green and Low Carbon Transformation, proposing to establish a basic institutional framework for promoting energy green and low-carbon development during the 14th Five-Year Plan period, form a relatively complete policy, standard, market, and regulatory system, and accelerate the promotion of China’s energy green and low-carbon development.
In December, 2022, the Central Committee of the Communist Party of China and the State Council issued the Outline of the Strategic Plan for Expanding Domestic Demand (2022-2035), proposing to unleash the potential of travel consumption. Optimize the layout of urban transportation network and vigorously develop smart transportation. Promote the transformation of automobile consumption from purchase management to usage management. Promote the electrification, networking, and intelligence of automobiles, and strengthen the construction of supporting facilities such as parking lots, charging stations, battery swapping stations, and hydrogen refueling stations.
In June, 2023, the General Office of the State Council issued the Guiding Opinions on Further Building a High-quality Charging Infrastructure System, which proposed to accelerate the research on technologies such as fast charging and swapping, high-power charging, intelligent orderly charging, wireless charging, and coordinated control of light storage charging, and to demonstrate the construction of wireless charging lines and parking spaces.
The General Office of the State Council has issued the Development Plan for the New Energy Vehicle Industry (2021-2035), which proposes to provide guidance for the subsequent development of new energy vehicles from the top-level system, involving five strategic tasks: firstly, improve technological innovation capabilities; secondly, building a new industrial ecosystem; thirdly, promote the integrated development of industries; fourthly, improve the infrastructure system; the fifth is to deepen opening up and cooperation, which reflects the important position of the industry. New energy vehicles will still be a key industry for future development, which is beneficial to the new energy vehicle industry chain.
Da’an is the only county in the province that has been designated as a pilot county for standardized government services. Its urban credit monitoring index ranks second in Jilin and sixth in the country. Special teams will provide full process tracking services for major projects and enterprises that have been implemented, open up a green channel for administrative approval, and uniformly implement the minimum standards set by the state, province, Baicheng City, and Da’an City for the fee items involved. For the key projects determined by the municipal party committee and government with high technological content, strong industrial driving force, good growth potentials, and significant economic growth, the support amount shall be determined according to the principle of one discussion for one case, and special handling for a special case.
(2) Resource advantages
The total planned supply of state-owned construction land in Da’an City in 2024 is 1246.43 hectares. In the total planned supply, industrial and mining land covers 245.17 hectares, accounting for 19.67% of the total; 33.80 hectares of storage land, accounting for 2.71% of the total; 22.98 hectares of land for public management and public services, accounting for 1.84% of the total; the land area for public facilities projects is 23.83 hectares, accounting for 1.91% of the total. The construction land for the project is reliably guaranteed.
Da’an City has abundant power resources. The planned development area for wind and photovoltaic power in Da’an City is both over 10 million kilowatts. Currently, the installed wind power grid connected scale in Da’an City is 1.112 million kilowatts, and the installed photovoltaic grid connected scale is 393300 kilowatts. The remaining available development area for wind and photovoltaic power is enormous.
(3) Location advantages
Da’an City is a city designated by the State Council to open up to the outside world, located at the forefront of the opening-up of western counties and cities in Jilin Province. It is an important node city in the national strategic development and opening-up pilot zone of Changchun-Jilin-Tumen, and an important and node area for the strategic implementation of the “Harbin-Daqing-Qiqihar Industrial Corridor".
The Hunchun-Ulanhot Expressway (G12) and No. G302 National Highway run east-west and pass through the border; the Nenjiang and Da’an-Guangzhou expressways echo each other on both sides; the Changchun-Baicheng Railway, Tongliao-Rangluhe Railway, and Changchun-Baicheng Express Passenger Dedicated Line intersect here.
Da’an Port, the largest inland port opened to the outside world in Jilin Province, can lead to Harbin and Jiamusi, and is known as the “golden waterway”. Within a radius of 50-200 kilometers, there are six airports in Changchun, Baicheng, Songyuan, Daqing, Harbin, and Ulanhot, providing fast air transportation.
The Changchun-Baicheng Express Railway has been opened, which can integrate into “Changchun-Jilin-Tumen” to the east and connect with “Harbin-Daqing-Qiqihar” to the north. It will build a “2-hour economic circle” with some cities such as Changchun, Harbin, and Daqing, effectively integrating into the development of the Harbin-Changchun urban agglomeration. Thus, a three-dimensional transportation network has been formed, including land, ports, and aviation.
(4) Talent advantages
There are several research institutes in Baicheng City, including the Academy of Agricultural Sciences, the Academy of Forestry Sciences, the Agricultural Machinery Research Institute, the Animal Husbandry Research Institute, and the Research Institute. There are 40873 professional and technical personnel, including 6898 with senior professional titles, 18409 with intermediate professional titles, and 15566 with junior professional titles.
1.2 Contents and scale of project constructionThe project covers an area of 45000 square meters and has a total construction area of 5000 square meters, including the construction of a comprehensive office area and other buildings, installation of security monitoring systems and metering and billing systems. The project includes 1000 public and dedicated charging stations, ranging from 120kW to 500kW fast charging stations.
1.3 Total investment of the project and capital raising1.3.1 Total investment of the projectThe total investment of the project is 120 million yuan, including the construction investment of 100 million yuan and current funds of 20 million yuan.
Self-raising by the enterprise
1.4 Financial analysis and social evaluation1.4.1 Main financial indexesAfter the project reaches the production capacity, its annual sales revenue will be 200 million yuan, its profit will be 35 million yuan, its investment payback period will be 5.4 years (after the tax, including the construction period of 2 years) and its return on investment will be 29.2%.
Note: “10 thousand yuan” in the table is in RMB.
1.4.2 Social evaluationThe construction of public charging stations can provide more convenient charging services for electric vehicle users, reduce their usage barriers and costs, and promote the promotion and application of electric vehicles; it can promote the utilization of renewable energy and the development of distributed energy, optimize the energy structure, reduce dependence on fossil fuels, and contribute to energy conservation, emission reduction, and environmental protection. The project construction involves multiple fields and industries, such as electricity, communication, and the Internet of Things, which can drive the development of related industries and promote local economic growth.
1.5 Cooperative waySole proprietorship
1.6 What to be invested by the foreign partyFunds, equipment or technology。
1.7 Construction site of the projectDa’an City, Baicheng City, Jilin Province
1.8 Progress of the projectThe project proposal has been prepared.
2 Introduction to the Partner2.1 Basic information
Name: Da’an Key Projects Service Center
Address: 51 Changbai South Street, Da’an City
2.2 OverviewDa’an has a long history of development and a profound cultural heritage in the region. Ethnic minorities such as the Huimo, Fuyu, Shiwei, Qidan, Nvzhen, and Mongolian hunted and grazed in this area. There are various cultural carriers such as “An” culture, Liao and Jin culture, fishing and hunting culture, grassland culture, agricultural culture, folk culture, wetland culture, etc. The ancient cultural relics include the Houtaomuga site from the Neolithic period over 10000 years ago, the Han script site from the Yin and Shang Dynasties over 3000 years ago, the Banshan site from the Liao and Jin Dynasties over 1000 years ago, the Zhenguo Cemetery, and the princess tomb of the Qing Dynasty.
Da’an City is located in the northwest of Jilin Province, in the hinterland of the Songnen Plain. It faces Zhaoyuan County in Heilongjiang Province across the river to the east, intersects with Taonan City and Tongyu County to the west, is adjacent to Qianguo County and Qian’an County to the south, and is bordered by Tao’er River to the north of Zhenlai County. The jurisdiction is 95 kilometers long from east to west and 90 kilometers wide from north to south, with a total area of 4879 square kilometers.
In 2023, the total regional gross domestic product (GDP) of the entire region will reach 20.182 billion yuan, an increase of 8.9% compared to the previous year, calculated at comparable prices. In 2023, the per capita gross domestic product of the entire region was 63589 yuan.
2.3 Contact method2.3.1 Contact method of the partnerContact unit: Da’an Key Projects Service Center
Contact person: Wu Dongming
Tel: +86-436-5219233
E-mail: daszsjjhk@163.com
2.3.2 Contact method of the city (prefecture) where the project is locatedContact unit: Baicheng Bureau of Commerce
Contact person: Xu Zengchun
Tel: +86-436-3203010 +86-13894682986
E-mail: bcjhj07@126.com