The reporter learned from the company that on May 12, Baoxin Technology (002514) and Jinmao smart transportation signed a strategic cooperation framework agreement. The two sides will mainly invest, build and operate the electric heavy truck power exchange infrastructure, and jointly build a new energy vehicle power exchange smart network.

At the same time, both parties can jointly initiate the establishment of regional project companies for regional market development, or jointly carry out market development and investment and operation of power exchange stations in the same region; For the technical schemes such as processing and manufacturing of main equipment and control system of the power exchange station, the advantageous resources of both parties shall be preferred for cooperation.

Some industry insiders pointed out that with the expansion of the market demand for new energy commercial vehicles, the field of heavy truck replacement will usher in a period of development opportunities. Heavy truck replacement has the advantages of low comprehensive cost, short energy replenishment time, low construction difficulty and long battery life. On the other hand, if the potential scale of 1 million electric heavy trucks is predicted, the potential market scale of heavy truck power battery is expected to reach 400 billion yuan.

On the evening of April 29, Baoxin technology released the first quarterly report of 2021, showing that the company's operating performance has recovered rapidly. In the first quarter of this year, the company realized an operating revenue of 187 million yuan, a year-on-year increase of 55.37%; The net profit attributable to the shareholders of the listed company was 3.636 million yuan, a year-on-year increase of 115.27%.

It is worth noting that after the new actual controller officially took over, Baoxin technology has defined the company's positioning as a comprehensive service provider for the new energy industry and will continue to make efforts in the new energy field.

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