Xinyi power storage energy storage industry development

Who is Xinyi electric storage?

Xinyi Electric Storage was listed in the Hong Kong Stock Exchange in July 2016, formerly known as Xinyi Automobile Glass Hong Kong Enterprise Co., Ltd., and now it has been strategically transformed into a comprehensive new energy solution provider. Start to be an integrated supplier of industrial and commercial energy storage systems.

What is the business scope of Xinyi electric storage (Shenzhen)?

Its business scope includes R&D, production and sales of lithium batteries and their accessories, electric energy storage devices and EV charging products; Xinyi Electric Storage (Shenzhen) Co., Ltd. was established. Anhui Xinyi New Energy Materials Co., Ltd. was established.

Who is Xinyi power source?

Xinyi Power Source (Suzhou) Co., Ltd. is a wholly-owned subsidiary of Xinyi Group. Its business scope includes R&D, production and sales of lithium batteries and their accessories, electric energy storage devices and EV charging products; Xinyi Electric Storage (Shenzhen) Co., Ltd. was established.

When is Xinyi electric storage's shareholder vote?

Xinyi Electric Storage said it would publish details of when and where the shareholder vote will be held by April 29.

Is energy storage a key innovation field in China?

In November 2014, the State Council of China issued the Strategic Action Plan for energy development (2014–2020), confirming energy storage as one of the 9 key innovation fields and 20 key innovation directions.

How much of Xinyi will be sold in the solar business sale?

Under the terms of the sales agreement, Xinyi Electric Storage–whose investors own 59.72% of Xinyi Glass and 25.97% of the Xinyi Solar business controlled by Xinyi Glass–would sell up to RMB30 million.