Breaking the Impasse, Winning Together – AcePower 2024 Annual Supplier Recognition Ceremony Successfully Concluded

2024 was a landmark year for China’s electric-vehicle (EV) charging-and-battery-swap industry. By the end of November, the country had installed a cumulative 12.352 million public and private charging piles, up 50 % year on year; expressway service areas alone added 33,100 new chargers, covering every province except Hong Kong, Macao and Taiwan. The sector is not only accelerating China’s green transition and dual-carbon goals, but also driving high-quality economic growth and fresh opportunities across the entire value chain.

Against this backdrop, AcePower forged ahead side-by-side with its supplier partners and delivered remarkable results. To honor those whose exceptional contributions underpinned the company’s rapid growth, AcePower held the “2024 Annual Supplier Recognition Ceremony” on 10 January at its Shanghai R&D Center. Under the theme “Breaking the Impasse, Winning Together; One Heart, One Force”, the event expressed heartfelt gratitude to every partner and explored how—amid an increasingly complex external environment—everyone can join hands to set new benchmarks in 2025.

“If you want to go fast, go alone; if you want to go far, go together.”

AcePower presents the 2024 Contribution Award

Lisa, Head of Procurement, together with R&D and Sales leaders, extended a warm welcome and sincere thanks to all attending suppliers.

From an industry innovator to a recognized leader, and from start-up to a major participant, AcePower has remained committed to improving energy efficiency for its customers, delivering cost-effective, end-to-end solutions and living its mission of “High-Efficiency Energy, Green Future.”

During the ceremony, AcePower presented the 2024 Contribution Award to:

Zhejiang Dongguangyang Electronic Technology Co., Ltd.

Xuzhou Hanxiang Electronics Co., Ltd.

PineJet Semiconductor (Zhejiang) Co., Ltd.

Suzhou Gehe Intelligence Technology Co., Ltd.

Suzhou Fibos Precision Hardware Co., Ltd.

These partners distinguished themselves through superior product quality, excellent service, and outstanding contributions to cost and delivery performance.

“Working with AcePower has shown us the future of high-quality industry development,” said an award-winning supplier on site. “We have become trusted partners and achieved mutual business growth. Thank you for this honor; we will continue to collaborate with AcePower, using innovation to boost energy efficiency and accelerate the electrification journey.”

Lisa emphasized that “Breaking the Impasse, Winning Together” means embracing a win-win rather than zero-sum mindset in 2025’s even more complex environment—never sacrificing quality for price, but enlarging the pie and seizing shared opportunities. “One Heart, One Force” signifies mutual trust and complementary strengths, focusing on high quality to create better solutions and products, deliver value to customers, and drive industrial transformation.

AcePower values every supplier relationship and is committed to building an open, fair and transparent environment as we embark on the 2025 journey together.

Looking Ahead

Building a Global Chinese Brand, Together

In 2025, AcePower will further increase R&D investment—especially in third-generation semiconductors such as SiC and GaN—working with suppliers to unlock new technological breakthroughs and product innovations. The company will also launch its “1+N” global expansion phase, partnering to build an efficient charging-and-battery-swap ecosystem, reach overseas markets and enhance brand influence.

On the supply-chain side, AcePower will collaborate with suppliers to pursue technological innovation, superior quality and open cost models, aiming to create a truly global Chinese brand.

Through this ceremony, AcePower and its suppliers have deepened mutual understanding and trust. Together, they will continue advancing toward the vision of becoming a world-leading power-technology innovator and achieving even greater success.

About AcePower

Founded in 2021, AcePower and Technologies Co.,Ltd.(AcePower) is a leading provider of high-efficiency energy solutions, specializing in high-efficiency power conversion and supply. Its products include ultra-high-power fast-charging modules, on-board chargers (OBC), and megawatt-level high-voltage DC power systems, serving new-energy-vehicle charging and battery-swap, on-board power, and large-scale data-center power applications.

Headquartered in Shanghai with a production base in Suzhou, AcePower offers end-to-end solutions covering design, testing, validation, manufacturing and after-sales service. In the new-energy-vehicle supercharging sector, AcePower’s high-efficiency modules achieve up to 97 % efficiency—leading the industry—and have been deployed in public supercharging stations, PV-storage-charging-discharging stations and high-efficiency battery-swap stations, quickly establishing AcePower as a rising force in China’s supercharging network.

Business contact: info@ace-powertech.com