On August 2, Tianchen announced that. Tianchen Green Energy Technology (Wuhu) Co., Ltd. (Hereinafter referred to as "Tianchen Energy" or "Party A"), a wholly-owned subsidiary, and Jiangsu Haisida Power Supply Co., Ltd. (Hereinafter referred to as "Haisida" or "Party B"), a holding subsidiary of Shanghai Pret Composite Materials Co., Ltd., signed the Framework Agreement on Strategic Cooperation of Energy Storage Projects.
The two sides agreed to conduct in-depth exchanges and cooperation on the application of 5G Wh lithium-ion batteries/sodium-ion batteries in power generation side energy storage, industrial and commercial energy storage and household energy storage systems, and jointly promote the comprehensive application of products and the steady increase of product market share, so as to achieve mutual benefit and win-win situation.
Data show that Tianchen Energy is mainly engaged in the production and development of energy storage converters (PCS) and system integration technologies in different application scenarios. Haisida focuses on the R & D and production of new energy lithium-ion batteries and sodium-ion batteries, has large-scale and high-quality lithium-ion manufacturing capacity and capacity equipment, and has successfully developed sodium electronic battery products.