Beehive Energy Listed in the Hurun Global Unicorn List 2024 Top 100

On April 9th, the Hurun Research Institute released the "2024 Global Unicorn List". Beehive Energy, with its differentiated innovation advantage in flying stack short blade technology products and outstanding performance in the PHEV and extended-range markets in 2023, has been listed on the Hurun Global Unicorn List. This is the third consecutive year that Beehive Energy has made it onto the list since its debut in 2022, demonstrating its continued potential for development and growth recognized by the market.

As one of the unicorn-listed companies in the new energy industry, Beehive Energy firmly chooses the stack route and has developed the full-area short blade battery cell as a major category, accurately positioning itself in the PHEV and extended-range tracks. It has formed a unique core competitiveness in product technology in the fiercely competitive fields of power batteries and energy storage, paving a distinctive path for the development of new productive forces. In 2024, in terms of product technology, Beehive Energy will continue to deepen its presence in the PHEV and extended-range markets while adhering to its existing "flying stack + short blade" product technology matrix, investing more resources in developing "hybrid" technology and products. As of January this year, Beehive Energy has delivered 400,000 sets of PHEV battery packs.

Meanwhile, Beehive Energy has achieved 2.2C fast charging function on its plug-in hybrid and extended-range battery cells and has launched three plug-in hybrid fast charging batteries for the PHEV market to meet the market's demand for large capacity. In terms of overseas layout, Beehive Energy will adopt a business innovation model of "localization + technological cooperation", jointly with local enterprises, to explore the blue ocean market of new energy worldwide. Currently, Beehive Energy's Thailand factory has been mass-delivered, and it has strengthened cooperation with Banpu Group, a Southeast Asian energy giant, to jointly develop overseas markets. In the energy storage market, liquid-cooled energy storage containers based on Beehive Energy's representative flying stack short blade 325Ah energy storage cells have been mass-delivered to customers.

The Hurun Rich List is widely regarded as an authoritative institution tracking changes in the Chinese entrepreneurial community and is one of the most influential lists in the existing domestic financial and economic lists. It is committed to discovering corporate value through quality lists and research and ranking the most promising unicorn companies in China and globally. In today's highly competitive new energy industry, Beehive Energy's three consecutive years on the Hurun Rich List of Global Unicorns fully demonstrate the market's optimism about its development prospects, recognition of its potential and value for enterprise development, and recognition of Beehive Energy's core competitiveness in product technology.