Jinshi Technology plans to invest approximately 500 million yuan to build an independent energy storage power station project

2026-03-04 21:57:18

Abstract generation in progress

Beijing Business Daily (Reporter Ma Huanhua, Li Jiaxue) — On the evening of March 2nd, Jinshi Technology (002951) announced that the company plans to invest approximately 500 million yuan in a 200MW/400MWh electrochemical independent energy storage station project in Guangdong Province through its own funds or self-raised funds via its subsidiary. The project is planned to be completed in one go, with an estimated construction period of about six months.

The announcement states 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 said 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.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.