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Jinshi Technology plans to invest approximately 500 million yuan to build an independent energy storage power station project
Beijing Business Daily (Reporter Ma Huanhua, Li Jiaxue) — On the evening of March 2, Jinshi Technology (002951) announced that the company plans to invest 200MW/400MWh electrochemical independent energy storage station project in Guangdong Province through its subsidiaries using self-owned or self-raised funds. The total planned investment is approximately 500 million yuan, with a one-time construction plan, and an estimated construction period of about six months.
The announcement shows that this investment does not constitute a related-party transaction or a major asset restructuring. The investment is within the decision-making authority of the company’s board of directors and does not require shareholder approval.
Jinshi Technology stated that the purpose of this independent energy storage station project is to accelerate the company’s strategic layout and seize the historical development opportunities in the energy storage industry. It is a key move for the company to upgrade from a storage equipment supplier to a dual-driven model of “equipment + operation.” The project features a clear business model and significant industry chain synergy effects, which will help the company explore new performance growth points, enhance core competitiveness, and strengthen sustainable development capabilities.