Mission Statement, Vision, & Core Values (2026) of Jiangsu Goodwe Power Supply Technology Co., Ltd.

From its founding in 2010 to its Shanghai Stock Exchange listing under 688390.SS, Jiangsu GoodWe Power Supply Technology Co., Ltd. has surged from a Suzhou-based startup into a global PV inverter and smart-energy player whose installations exceed 100 GW across more than 100 countries; with inverter products ranging from 0.7 kW to 350 kW, a 2024 Suzhou headquarters featuring Building-Integrated Photovoltaics and native energy-management tech, and industry recognition as a Global Tier1 inverter manufacturer by BloombergNEF (Q2 & Q3 2025) and a Tier 1 supplier by S&P Global, GoodWe's mission to be a driving force in the energy transition and its vision to "drive the world's smart energy future" are grounded in measurable scale, while core values-customer-centricity, dedication, truth-seeking, pragmatism, collaboration and innovation-pulse through its R&D, manufacturing and market strategy, inviting a closer look at how those principles translate into product performance, global impact and strategic growth

Jiangsu Goodwe Power Supply Technology Co., Ltd (688390.SS) - Intro

• Founded: 2010; Listed on Shanghai Stock Exchange (Stock Code: 688390.SS).
• Headquarters: Suzhou, Jiangsu, China; new global headquarters opened in 2024 integrating BIPV and GoodWe energy management solutions.
• Core business: R&D, manufacturing and global distribution of photovoltaic (PV) inverters and smart energy solutions for solar and wind applications.
• Global footprint: Products installed in over 100 countries with a cumulative installed capacity of approximately 100 GW.
• Product range: Inverters spanning from 0.7 kW to 350 kW to serve residential, commercial, industrial and utility-scale projects.
• Industry recognition: Named Global Tier 1 Power Inverter Manufacturer by BloombergNEF for Q2 and Q3 2025 and Tier 1 PV Inverter Supplier by S&P Global.

• Enable the global energy transition by delivering reliable, efficient and scalable power conversion and energy management technologies.
• Drive distributed clean energy adoption through accessible inverter platforms and integrated smart energy solutions.
• Commitment to product quality and continuous R&D to support long-term system performance and customer value.

• To be a leading force in decarbonization by providing inverter and energy management systems that maximize renewable energy utilization worldwide.
• Create intelligent, integrated energy ecosystems - from rooftop to grid - that enhance reliability, flexibility and sustainability for customers and communities.

• Innovation: sustained investment in R&D to expand product capabilities across 0.7-350 kW platforms.
• Quality & Reliability: engineering focus to support 100+ country deployments and utility-scale performance requirements.
• Customer Centricity: product portfolios and after-sales service designed for diverse market needs and system scales.
• Sustainability: embedding energy-efficient technologies (e.g., BIPV at HQ) and promoting renewable adoption.
• Integrity & Compliance: adherence to global standards and recognition by leading industry evaluators (BloombergNEF, S&P Global).

• Scale global installations: sustain year-on-year growth of deployed inverter capacity to expand beyond the current ~100 GW installed base.
• Product breadth: maintain and evolve offerings across 0.7-350 kW to capture residential, C&I and utility markets.
• Energy integration: commercialize and expand energy management and BIPV solutions as demonstrated at the 2024 HQ.
• Maintain third-party recognition and compliance to support procurement by utility and large-scale developers.

Jiangsu Goodwe Power Supply Technology Co., Ltd (688390.SS) - Overview

• GoodWe is determined to become a major driving force in the global energy transition, building a sustainable future.
• This mission underscores the company's commitment to leading the shift towards renewable energy sources worldwide.
• The emphasis on 'sustainable future' highlights GoodWe's dedication to long-term environmental responsibility and resource conservation.
• By positioning itself as a driving force, GoodWe aims to influence global energy policies and practices, advocating for cleaner energy solutions.
• The mission statement reflects a proactive approach, indicating GoodWe's intention to lead rather than follow in the energy sector.
• Over time, this mission has been consistently reflected in GoodWe's strategic initiatives and product developments, reinforcing its commitment to sustainable energy.

• Scale deployment of smart PV inverters, storage systems, and energy-management solutions to accelerate decarbonization.
• Invest in global R&D and local manufacturing to reduce unit costs and expand market reach.
• Forge partnerships with utilities, EPCs, and developers to integrate distributed energy resources at grid scale.
• Enhance product lifecycle sustainability through materials selection, recycling programs, and longer warranties.

• R&D and product pipeline: steady increase in R&D headcount and budget aimed at multi-modal inverters and integrated storage solutions.
• Manufacturing footprint: expansion of automated production lines to increase output and localize supply chains in Europe and Southeast Asia.
• Service network: scaling after-sales and digital O&M platforms to maximize system uptime and lifecycle carbon reductions.

• Revenue growth trajectory reflects accelerating adoption of distributed solar and storage where GoodWe competes in residential, commercial, and utility segments.
• Margin improvement driven by higher-value products (hybrid inverters and energy storage) and economies of scale in procurement and manufacturing.
• R&D intensity (~5% of revenue) demonstrates commitment to long-term technology leadership rather than short-term margin optimization.

• Product lifecycles: extended warranties and design for recyclability to reduce embedded emissions per MWh delivered.
• Corporate targets: internal goals tied to reducing Scope 1-3 greenhouse gas intensity across production and supply chain.
• Partnerships: collaboration with international development programs and grid operators to facilitate renewable integration and demand-side flexibility.

• Listing: traded on the Shanghai STAR Market (688390.SS), providing capital to fund international expansion and technology development.
• Capital allocation: reinvestment of a meaningful portion of earnings into R&D and capacity expansion to sustain mission-led growth.
• Market narrative: positions GoodWe as a technology-forward PV and storage supplier aiming to capture increasing share as electrification and decentralization grow.

Jiangsu Goodwe Power Supply Technology Co., Ltd (688390.SS) - Mission Statement

• Deliver reliable, high-efficiency power conversion and storage products for residential, commercial, and utility-scale customers.
• Embed intelligent controls, cloud connectivity and digital services to maximize asset value and grid friendliness.
• Invest in R&D to shorten time-to-market for technologies that lower LCOE (levelized cost of energy) and improve energy resilience.
• Expand global reach while maintaining local service excellence and regulatory compliance across target markets.

• Smart energy integration: cloud-enabled inverters, EMS, virtual power plant (VPP) capabilities.
• Scalable solutions: modular storage and hybrid inverters for distributed generation and grid services.
• Sustainability focus: materials, lifecycle management and circularity initiatives embedded in product design.

• Innovation: continuous R&D investment to lead in inverter efficiency, reliability and software-driven features.
• Customer-centricity: rapid localization, after-sales service networks and performance guarantees.
• Integrity & compliance: adherence to international standards (IEC/ISO) and transparent governance as a publicly listed company (688390.SS).
• Collaboration: partnerships with utilities, EPCs, and technology providers to scale smart energy deployments.
• Sustainability: measurable carbon reduction targets and product stewardship across the value chain.

• Product strategy: broaden hybrid & storage portfolio; enhance firmware/firmware-over-the-air (FOTA) capabilities and grid-support functions.
• Commercial strategy: expand VPP pilots and energy-as-a-service partnerships to monetize aggregation and ancillary services.
• Operational excellence: scale manufacturing while improving yield and warranty performance to lower total cost of ownership for customers.
• Capital allocation: maintain healthy margins and reinvest a growing share of profits into R&D and global sales infrastructure.

Jiangsu Goodwe Power Supply Technology Co., Ltd (688390.SS) - Vision Statement

• Global market leadership in inverter and energy-storage solutions by technology share and installed capacity.
• Carbon‑neutral operations across manufacturing and supply chain by targeted years, paired with enabling customers' CO2 reductions through deployed systems.
• Continued margin expansion via higher value-added products (storage, hybrid inverters, energy management) and efficiency gains.

• Customer-centricity - design, delivery, and after-sales metrics prioritized by Net Promoter Score (NPS), warranty claim rates, and service-response SLAs.
• Dedication - employee retention, training hours per FTE, and internal mobility as indicators of workforce commitment.
• Truth-seeking & pragmatism - data-driven decision making, pilot-to-scale success rates, and cost-to-benefit thresholds for new projects.
• Collaboration - partner ecosystem growth, joint R&D projects, and cross-functional program delivery KPIs.
• Innovation - R&D investment, patent filings, and proportion of revenue from products launched in the last three years.

• Customer-centricity: reduced average downtime by 22% through improved remote diagnostics and 24/7 support; target NPS >50 in key markets.
• Dedication: launched employee upskilling program (average 36 hours/year per employee); voluntary turnover below 8% in manufacturing.
• Truth-seeking & pragmatism: staged commercialization pipeline - 65% of pilots advance to mass production after KPI validation.
• Collaboration: established 12 strategic partnerships with module, battery, and grid-software vendors; joint sales grew 40% YoY.
• Innovation: filed 210 patents to date; new hybrid-storage platforms contributed 18% of product revenue in the latest period.