ZKGC New Energy Ltd (PK:ZKGCF)

Business Focus: Electrical Components & Equipment

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Sector: Industrials	Industry: Electrical Components & Equipment

Company Contact

Address:	12 Xinxiangdi Jiari Laocheng Town, Chengmai County HAN 571924
Tel:	N/A
Website:	N/A
IR:	N/A

Key People

Jinqi Liao Chairman of the Board	Zhuowen Chen Chief Executive Officer, Director	Zhifei Huang Chief Financial Officer, Secretary, Director

Business Overview

ZKGC New Energy Ltd is a holding company mainly engaged in the provision of electric vehicle (EV) charging stations and EV charging equipment and networked EV charging services. The Company builds, operates, and manages EV charging stations, and offers residential and commercial EV charging equipment. The Company's principal products and services are Charging Cloud Software-as-a-Service Platform (the SAAS network), EV charging equipment, and EV charging services. The Company's SAAS network provides property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations. The Company mainly conducts businesses within the domestic market.

Financial Overview

For the fiscal year ended 31 May 2023, ZKGC New Energy Ltd revenues increased 30% to $3.8M. Net income increased 87% to $73K. Revenues reflect Charging service revenue third-party-ow increase from $1M to $2.3M, Charging service revenue company-owned increase from $253K to $578K. Net income benefited from Other non-operating income increase from $21K to $95K (income), Gain on assets disposal increase of 41% to $99K (income).

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