During business trips, outings, mall visits, dining, or shopping, it’s common to end up carrying multiple bags, which can make it harder to enjoy the experience. In these situations, a storage locker for bags would be ideal, freeing up hands and allowing for a more carefree outing! These everyday needs hold significant commercial value and untapped economic potential, fueling the growth of the shared locker industry. Unlike traditional lockers that use coins, tickets, or magnetic cards, new shared lockers allow users to store and retrieve items simply by scanning a code on their phone and completing transactions through mobile payments. This greatly enhances user convenience and overall experience.

When the shared locker market first began to emerge, AstraTT assembled an in-house professional team focused on developing intelligent shared lockers. AstraTT’s smart locker design is unique, crafted to accommodate various scenarios, and it also offers customized solutions tailored to different environments.

Beyond high-quality hardware, AstraTT’s smart lockers lead the industry in technological innovation. They are the first to integrate advanced technologies such as Internet, mobile payment, IoT, and AI into a locker system, defining a new era of internet-connected, intelligent shared lockers. Traditional lockers are often costly and complicated to maintain, with limited fee flexibility, while AstraTT’s lockers allow users to store and retrieve their belongings using a simple mobile scan, without the need for additional staff or materials. This approach reduces operational costs and makes charging more flexible. AstraTT’s lockers also support an internet-based operation model, offering both online and offline advertising opportunities. Ads can be placed on the locker units or online, providing merchants with a new revenue stream through increased visibility and foot traffic.

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As a pioneer in implementing the "agent model" in the industry, ASTRA TT now has over 30,000 partners, expanding and deepening its presence in 2,800 cities and counties across China, from major cities like Beijing, Shanghai, Guangzhou, and Shenzhen to smaller towns and rural areas. ASTRA TT’s products, services, and customers span from Asia to Europe. Reportedly, ASTRA TT’s business has already reached multiple countries and regions worldwide. The market scale and coverage demonstrate the success of ASTRA TT’s partner model. This partner ecosystem has made it possible for ambitious young people in lower-tier cities to "start a business and achieve prosperity" right at their doorstep.

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From 2022 to 2024, we have been cultivating our millions of devices with 30,000 customers across thousands of cities and regions. We may have the lowest average transaction value in the industry, but we are certainly the closest to the people.

In 2023, a well-known investor sent me a message saying, "I saw your devices in China, and even more amazingly, my colleague is currently in Thailand, where your products are also available." I was nearly moved to tears—not from the recognition of an investor, but from the incredible capabilities of our partners. The small value created by our humble products has been magnified countless times, leading to the present of ASTRATT.

What makes the people of ASTRATT exceptional? It's not their education, experience, vision, knowledge, connections, or background. Instead, it's a kind of creativity—the ability to stretch one penny into two, turning it into five. It's the perseverance to self-generate and the enduring spirit of hard work. Today, ASTRATT has partners who possess these remarkable qualities; while we may not have thousands, we have hundreds. Given time, we will undoubtedly achieve great joy and brilliance.

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ASTRATT positions itself as an innovative manufacturer and operator of intelligent infrastructure for consumption scenarios, making substantial investments in both the supply chain and operations. To help agents expand their customer base, ASTRATT provides three core services:

1. Supplying more competitive, high-quality, and affordable equipment.
2. Offering more comprehensive after-sales services, including support and troubleshooting.
3. Providing agents with store management systems, operations systems, asset scheduling systems, asset management systems, and financial management systems within their daily operations.

Behind this robust operational support system lies the uniqueness of the franchise model of direct sales combined with the agent model for shared power banks.

In fact, our devices are part of the Internet of Things (IoT). Only by ensuring continuous operations can we receive the platform service fees. So when agents purchase equipment, we ensure the quality of the devices. If they want to earn more, we need to ensure operational excellence. In this ecosystem, our interests are closely aligned with those of our customers.

Reportedly, over 95% of the agents working with ASTRATT have achieved profitability. Since they don’t need to invest in rent or utilities, their sales costs are nearly equivalent to labor costs. The more locations they set up and the better they operate, the higher their profit sharing, while the risks remain relatively controllable.

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400 million users, 1.5 million sites, up to 12 million power banks; 30,000 partners, operating in 2,800 cities and districts, across 159 cities in 5 countries. ASTRATT has delivered an impressive report card.

In China, 1 out of every 10 people has used ASTRATT's shared power banks, but the power bank business is just the training ground before ASTRATT’s full-scale launch," ASTRATT announced at the event, introducing its new 5N strategy. Leveraging a fully integrated industry chain and a mature partner ecosystem model, ASTRATT is moving into the "IoT + New Consumption" smart hardware field, further advancing the development of the shared smart manufacturing industry ecosystem.

Specifically, ASTRATT is expanding from power banks to smart terminal products that cover all aspects of urban life. By offering a diverse range of products and services, ASTRATT meets users' immediate needs, connecting every part of everyday life. Furthermore, through the N+ global channel expansion, ASTRATT is linking to larger markets, allowing global users to enjoy more comprehensive, convenient, and intelligent services.

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Under its new strategic framework, ASTRATT is unleashing the advantages it has accumulated over years of production and research, offering partners new opportunities for wealth creation. By leveraging its supply chain cost advantages, ASTRATT is expanding its business reach and bringing partners from different business sectors into its ecosystem. As the partner ecosystem continues to grow, ASTRATT is also enhancing its service system and experience, empowering partners from multiple angles and progressing toward the goal of building an ecosystem of 100,000 partners.

Regarding the partner ecosystem ASTRATT is building, 'the shared economy has indeed given rise to a "shared income" model, which has provided people in small towns, especially those in economically underdeveloped areas, more opportunities for wealth growth through entrepreneurship in the shared economy.'

What’s even more exciting than market share is how ASTRATT’s 'partner' model encourages low-cost entrepreneurship for a wider range of people, contributing to the exploration of "common prosperity." If ASTRATT can continue to develop better models to help more people create wealth, it will indeed play a significant role in supporting the national strategy of achieving common prosperity

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For district regions, where the local population often has a weaker economic foundation, there is a greater desire to join low-risk entrepreneurial projects with well-established management systems. They are looking for "low-barrier" opportunities to start their own businesses.

ASTRATT effectively addresses this need by offering tailored entrepreneurial support and empowering models, which lower the barriers to entry, enhance operational management, and provide partners with strong risk mitigation. This ensures a safer path to entrepreneurial success.

ASTRATT’s low-barrier entrepreneurial model means that individuals can start their own business with minimal initial investment—often as low as a few thousand dollars. This "one-person" business model allows for faster cash flow and provides a more inclusive pathway to wealth creation for a wide audience.

To further empower its partners, ASTRATT offers a customized business enablement system, which includes training sessions, practical exercises, market simulations, and recognition programs. These initiatives help partners better understand market trends and effectively manage resources.

As the only company in the industry that covers the entire supply chain, ASTRATT offers a comprehensive solution that includes product development, manufacturing, and after-sales service. This "one-stop" approach reduces market risks, enhances partners' management capabilities, and helps them achieve success in their entrepreneurial journeys.

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After many years of development, the demand and growth for shared power banks have been proven in the market. As the market matures, both direct operations and agency models have shown their strengths in different areas.

ASTRATT has used a combination of "Direct Operation + Agency" to grow quickly and expand on a large scale. They’ve reached the milestone of having a million online store locations, covering not only major cities but also introducing products in cities with high potential.

ASTRATT’s fast growth is closely linked to its long-standing "Shared Economy Partner." With a strong support system in place, the idea of "shared partners" will continue to be a key part of ASTRATT’s plan as they explore new business opportunities.

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In the future, the digitalization of cities and industries will be driven by data, and it is necessary to connect the physical world and digital space through diversified IoT facilities. As the most widely used facility in daily life, the shared power bank format will be able to give full play to the value of IoT data, connect the lives of the majority of users, and inject more possibilities into the smart life of future cities.
In terms of specific planning and implementation, ASTRATT will promote the future innovation strategy around the "four alls": all scenarios, all public consumption formats, and continue to penetrate multiple fields such as catering, retail, entertainment, wine and travel, transportation, and public services; all products, research and develop a full range of innovative public consumption scenarios and instant demand products, covering retail terminals, life services, and interactive media; all channels, adhere to the dual-core drive of direct sales model and agency model, complement each other's advantages, and build a moat for business development; full coverage, based on the local radiation overseas, forming scale effects and network effects.

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Today, mobile phones and various portable electronic devices have permeated every aspect of people’s lives. With the advent of the 5G era, "high power consumption" has become a common issue, further driving the demand for shared charging services.

ASTRATT leverages the innovative design of "Caibao" modular, stackable charging power banks. Beyond providing shared charging services, ASTRATT has also integrated services like smart color displays, body temperature monitoring, AEDs and unmanned retail into their platform, enabling rapid, large-scale deployment.

Currently, in addition to its network of shared charging devices covering millions of locations, ASTRATT's innovative smart hardware has also been implemented in transportation hubs, scenic spots, large public venues, and other areas, contributing to the development of new infrastructure for smart cities.

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