Rongbaoda signed a liquid flow battery production and shared energy storage power station project agreement with Anhui Dangshan

On the afternoon of August 20, Tang Ming, secretary of the Dangshan County Party Committee, Wu Yunfeng, chairman of the County CPPCC, Zhai Yongsheng, secretary of the County Political and Legal Affairs Commission, Song Wenguang, deputy county magistrate, Lv Siyuan, deputy director of the County Party Committee Office, Chen Keke, director of the County Investment Promotion Center, Wang Xiaobo, director of the Suzhou Municipal Office in Beijing, and Huang Chao, president of the Dangshan Branch of the Agricultural Bank of China, went to Beijing Rongbaoda New Energy Technology Group Co., Ltd. to hold a signing ceremony for wind power projects and energy storage projects, and visited the group's R&D center to visit the flow battery production line and learn about its integration solution.

Zhou Shan, Chairman of Beijing Rongbaoda New Energy Technology Group Co., Ltd., Han Tong, President, Zhao Qiang, Assistant to the President, Dr. Hu Bo, Founder and Director of the Research Institute of Beijing Lvfan New Energy Technology Co., Ltd., Wang Jian, Chief Project Engineer, and Xiong Zhuo, General Manager of Xingneng Electric Power Construction Co., Ltd. attended the signing ceremony.

On the same day, the "Rongbaoda Liquid Flow Battery Production and Shared Energy Storage Power Station Project Investment Agreement" and the "Rongbaoda Dangshan 200MW Wind Power Project Investment Agreement" were signed at the Rongbaoda Group headquarters in Beijing. Both parties are full of confidence in the prospects of this cooperation project.

Tang Ming, secretary of the Dangshan County Party Committee, said at the ceremony: Dangshan County will strongly support the establishment of Rongbaoda Group's industries, and actively cooperate with its work in new energy development and expansion of application scenarios, so as to further broaden the application scenarios of new energy. He also highly praised Rongbaoda Group's new energy project planning, emphasizing that such new energy projects will drive the local area to achieve the goals of energy conservation, carbon reduction and green electricity as soon as possible.

Zhou Shan, Chairman of Beijing Rongbaoda, said at the ceremony: We will fully invest in this cooperation. As the first new energy enterprise to settle in Dangshan County, the industry is located close to the county center, with a wide radiation range and obvious geographical advantages. We will be committed to promoting local enterprises to achieve energy conservation and carbon reduction goals, promote the high proportion of green electricity consumption, and contribute to the green development of Dangshan County. At this stage, our primary task is to do a solid job in the layout of the battery industry and ensure the smooth completion of new energy projects. In the future, we have the vision of multi-energy complementarity and source-grid-load-storage integration. We plan to combine the long-term, low-cost, and high-safety all-vanadium liquid flow battery industry, and actively explore new energy storage models, aiming to build a low-carbon park that can efficiently absorb green electricity and operate at low cost in a green manner, and achieve a win-win goal of economic and environmental benefits.