On December 7, Xinzhu announced that. (Hereinafter referred to as "Neijiang Investment Holding Group" or "Party B"), Dalian Rongke Energy Storage Technology Development Co., Ltd. (Hereinafter referred to as "Dalian Rongke" or "Party C"), and Sichuan Xingxin Vanadium Technology Co., Ltd. The Quartet agreed to establish a close, in-depth and extensive strategic cooperative relationship.
The announcement shows that the Quartet regards Neijiang as the key area for the layout of vanadium flow battery energy storage industry, and jointly establishes an all-round and diversified strategic cooperative relationship in accordance with the overall economic and social development plan and energy development plan of Neijiang, guided by the market and relying on projects, so as to continuously innovate cooperation modes and broaden cooperation channels. By combining government promotion with market-oriented operation, we will further deepen cooperation in the construction of vanadium redox flow battery energy storage industry cluster, the construction of vanadium redox flow battery energy storage demonstration pilot project, the construction of vanadium redox flow battery energy storage technology innovation platform, and the promotion and application of vanadium redox flow battery energy storage, so as to achieve complementary advantages.
It is understood that Chengdu Xinzhu Road and Bridge Machinery Co., Ltd. was listed on the main board of Shenzhen Stock Exchange on September 21, 2010. Its main business is rail transit business, bridge functional components and new energy power generation business, including the development, construction and operation of photovoltaic power stations. On December 23, 2022, Xinzhu announced that it intends to acquire 51.60% of the shares of Sichuan Shengtian New Energy Development Co., Ltd. held by the controlling shareholder to enter the photovoltaic power generation industry and lay out the green low-carbon industry.