Not less than 5GWh for three years! Yiwei Lithium Energy Signs Strategic Cooperation Agreement with China Railway Beijing Bureau

Recently, China Railway Beijing Engineering Bureau Group Co., Ltd. and Huizhou Yiwei Lithium Energy Co., Ltd. held the signing ceremony of strategic cooperation agreement in Beijing. Zhang Tao, Vice General Manager of China Railway Beijing Engineering Bureau Group, and Xu Tingyang, Vice President of Huizhou Yiwei Lithium Energy Co., Ltd. attended the meeting, and the relevant responsible persons and business backbones of both sides jointly participated. Before the

signing of the contract, the two sides held talks to introduce their main business and industrial directions, fully exchanged views on the vision of cooperation in the field of new energy, the application scenarios of energy storage technology and the coordination of infrastructure construction, and reached an agreement on the establishment of a long-term and stable strategic cooperative relationship. The two sides made it clear that they would adhere to the cooperation concept of "complementary advantages, long-term cooperation, mutual benefit, win-win and common development", establish a special work docking mechanism, and work together to seize new energy development opportunities. The two sides agreed that the cooperation scale of energy storage projects in the next three years would not be less than 5G Wh.

China Railway Beijing Bureau is a wholly-owned subsidiary of China Railway, one of the world's top 500 enterprises. It is mainly engaged in railway, highway, municipal administration, housing construction, power, photovoltaic and EPC business, and has the ability to integrate investment, construction and operation in energy infrastructure, clean energy , ecological and environmental protection and other fields. Yiwei Lithium Energy is a global head energy storage battery manufacturer, taking the lead in mass production of 600 Ah + large-capacity energy storage batteries, with full stack solution capabilities from battery manufacturing to system integration. The industrial chain links of the two sides are highly complementary and have broad cooperation space. The signing of this contract

is an important layout for both sides to seize the strategic opportunity of energy structure transformation and expand the new track of green development. In the future, the two sides will give full play to the synergistic advantages of engineering construction and energy storage equipment, work together to promote the effectiveness of intentional cooperation, and contribute to the construction of green low-carbon energy system.