As a company with more than 50 years of experience in the power supply, telecommunications and electrical energy industries, Billion is actively participating in the transformation of the electrical energy industry with the support of the entire Board of Directors, our leading R&D engineering capabilities and diversified product operation experiences. We believe that the integration of electrical energy and communications will bring forth new forms of electrical energy, new market operating mechanisms and multi-level power network architectures, and generate a series of new power load and power consumption scenarios. Billion has successfully served nearly 1000 solar power stations with meter installed and grid connected, and launched Large Ground-Mounted 69kV and 161kV step-up substation and medium-high voltage SCADA systems in 2021, with a total capacity of over 250MWp for PV inverter shipments and installations, providing complete component supplies and fiber optic cabling for precise real-time monitoring. Billion also launched the localized container-typed Energy Storage System that prioritizes safety. With the sustainable management operation and the focus on quality and professional expertise, we obtained the battery equipment with UL and IEC certifications from multiple international manufacturers, and adopted the batteries with no global proven track record of fire propagation or adverse records in the world.

Taking the integration of electric vehicle charging services as an example, in 2023, Billion plans to realize the achievement of charging stations to serve electric vehicle users. Billion has also signed a formal contract with Shift Clean Energy, an internationally renowned Canadian energy solution provider. This cooperation will make Billion move towards carbon reduction in the marine industry in Taiwan, Asia and other regions, which will also be a significant milestone for the transportation industry in Taiwan in its pursuit of green energy conservation and carbon reduction. With Shift Clean’s leading battery exchange technology, it opens a door for Taiwan shipbuilding companies to achieve carbon neutrality goal. It is also a key technology in assisting the domestic marine industry, marine wind field, ports and ferry terminals to strive for energy-saving and carbon reduction. Billion has integrated sustainability into the company's strategy, the entire organization, and all aspects of its business operations. Leveraging our years of localized services in Taiwan, we look forward to the win-win cooperation on the two sides in the field of electric ships.

In addition to our business expansion, Billion deeply recognizes that the continuous development of the company is inseparable from the strong support of shareholders and it further relies on the support of customers, the government and employees. In the challenging year of 2022, we overcame the impact of factors such as the epidemic to create value for our partners and protect the rights and development space for employees. Internally, we strengthened corporate governance and ethical construction, fortified the line of defense for information and communication security and protection, prioritized the needs for talent development, strengthened professional talent cultivation, provided health checks for employees, and implemented the concept of green development. Externally, we care for the society and leverage our own energy technology advantages to empower low-carbon energy transition, by building energy infrastructure and leading a green and low-carbon lifestyle. Billion Group is in the era of rapid development in the energy industry. We strive to make the world a better place and promote greener energy consumption. Billion will seize this major opportunity, work with its partner to achieve common goals, and create more value for the customers, governments, employees and shareholders through stable operations, continuous development and excellent services. We are fully prepared for the new era of green energy.