Bull Group won the bid for PetroChina charging equipment, winning the battle for the 700 million yuan market

On September 26, China National Petroleum Corporation announced the list of candidates for the 700 million yuan charging equipment procurement project. The Bull Group successfully stood out from more than 100 charging equipment manufacturers that actually participated in the bidding and was shortlisted for the list of candidates for the charging equipment project.

As a backbone of the energy industry, PetroChina has accelerated its layout in the field of charging and swapping since 2023. The launch of the charging equipment procurement project is another major measure to actively respond to the national "dual carbon" strategy and guide the transformation direction of energy interconnection after spending 2 billion yuan to expand the "equipment library" of charging piles in 2023. It is also a solid step to promote energy transformation and realize the vision of green development.

China Petroleum Charging Station

As one of the leading companies in the charging and swapping industry, the Bull Group has supplied charging and discharging equipment to central state-owned enterprises, large automobile companies, and real estate companies such as China Tower, Hongmeng Zhixing (Wenjie, Zhijie), BYD, China Construction Eighth Engineering Bureau, and Sunac Real Estate, relying on its profound technical accumulation in the power industry and its outstanding performance in excellent product quality and technology research and development, and has been widely praised by the industry.

Winning the bid for the PetroChina charging equipment project is an important milestone in the development of the Bull Group. It marks that our efforts in the new energy field have reached strict high entry standards and have been widely recognized by the market. It also indicates that we will work hand in hand with industry giants such as PetroChina to jointly explore new blue oceans of green energy and contribute important forces to achieving carbon peak and carbon neutrality goals.

Bull Commercial Charging Station

Bull New Energy is positioned as a professional equipment manufacturer. Its current charging pile product line spans the power range of 3.5kW to 960kW, and it has launched industrial and commercial energy storage product series such as 115kW/230kWh. It is customer-centric and technology-driven, and has built a "light, storage, charging, and discharging" microgrid ecosystem around the new energy industry, and developed an ecological layout for new energy products.

With the continuous increase in the volume and penetration of new energy vehicles, the "new energy" business has become one of the strategic core businesses of the Bull Group to adapt to the trend of the times, and will play a key role in building the future business layout and competitiveness of the Bull Group. According to a survey completed by Shangpu Consulting in March 2024, the sales volume of charging piles in the Bull Group's new energy sector alone is in the leading position in the world.

Bull New Energy Product Family Portrait

We will continue to uphold the Bull's cultural concept of "professionalism, focus, and going the long way", and provide better products and services to domestic and foreign markets and consumers by relying on professional technical accumulation, continuous improvement in production, gradually improved channels and service experience, and brand positioning as a safe electricity expert.