ACME INTL HLDGS(01870): "Shaoguan Lechang 218 megawatt/436 megawatt-hour electrochemical independent energy storage project" has received approval for formal connection to the Guangdong power grid.

ACME International Holdings (01870) has announced that the group has made a substantial breakthrough in business expansion. Its wholly-owned subsidiary, Lechang Green Electric Energy Storage Technology Co., Ltd., has officially been included in the Independent Energy Storage Construction Plan of the Guangdong Provincial Energy Bureau (Narui) and has entered the 2025 construction plan. Recently, it has obtained formal approval for connection to the Guangdong power grid, marking the project entering a substantial advancement stage. The "Shaoguan Lechang 218MW/436MWh Electrochemical Independent Energy Storage Project" developed by the group, which uses lithium iron phosphate batteries, covers a total area of 47 acres. The project completed enterprise investment project record filing in Guangdong Province on January 8, 2025, and was included in the Guangdong Province's 2025 annual plan for new energy storage power plants on April 28, 2025. The project site is located in Hefeng Village, Pingshi Town, Lechang City, Shaoguan City. On August 10, 2025, it successfully completed site selection consultation with various relevant government departments in Lechang City, Shaoguan. The project has completed feasibility study reports and access system reports, and on December 19, 2025, obtained formal approval for connection to the Guangdong power grid. The group's prudent decision to develop this independent energy storage project aims to grasp strategic opportunities in the emerging infrastructure sector under the global energy transition wave. This project not only aligns with the national "dual carbon" goals and the direction of new electricity system construction but also synergizes with the group's long-term development strategy, injecting strong growth momentum and bringing multidimensional core value: 1. Diversify company revenue sources and increase potential returns: Against the backdrop of electricity market reform, the project has multiple sources of income and solid profit potential. In the electricity market, it can leverage energy storage's flexibility advantage to mitigate fluctuations in new energy output and earn profits from peak-valley price differentials through the "charge during off-peak, discharge during peak" arbitrage model. In the ancillary services market, with excellent response speed and regulatory capabilities, it can provide grid frequency regulation services and participate in frequency market transactions to earn stable service income. As the industry policy system continues to improve, the project is expected to further benefit from capacity compensation income, forming a three-dimensional income structure of "energy income + ancillary service income + potential capacity compensation," ensuring long-term stable returns on assets. Importantly, the project has been approved to directly connect to the regional backbone power grid at the 220kV voltage level, which not only demonstrates the high recognition of the project's strategic importance and technical reliability by the power grid company but also provides the project with higher power transmission capacity, lower transmission losses, and stronger operational stability, enabling more efficient participation in various market transactions and further maximizing profit potential. 2. Embrace innovation to reduce costs and enhance efficiency: The project follows industry technological trends and plans to utilize advanced battery-related technologies, including iron-lithium solid-state, semi-solid-state battery technology, and other new energy storage technologies, to optimize cost structures while significantly improving battery storage performance. The application of advanced technology will effectively extend battery life, increase energy conversion efficiency, and enhance system operational stability, not only reducing the project's full life cycle operating costs but also improving unit capacity income levels, further strengthening the project's cost and performance competitive advantages in the market and laying a solid technological foundation for long-term profit growth. 3. Strengthen core competitiveness and drive deep business synergy: This project forms a natural strategic synergy with the group's existing "AI + power trading services" business. As a physical carrier of energy storage assets, the group will apply advanced power trading algorithms and forecasting models to directly engage in power market transactions and ancillary service supply, building a unique business model of "AI + power trading + energy storage." This model can generate stable asset income, optimize AI trading strategies in real-time, form difficult-to-replicate competitive barriers, further consolidate the group's leading position in the green electricity energy sector. 4. Expand business ecosystem and enhance comprehensive operational capabilities: By leading the development, construction, and operation of this project, the group will accumulate experience in full life cycle management of independent energy storage power stations, covering planning and design, construction implementation, and operational optimization. This will significantly enhance the group's comprehensive solution capabilities in the green electricity energy business sector, laying a solid foundation for future diversified projects such as decentralized energy storage, integrated energy services, and enhancing industry influence and market discourse power, driving the group towards high-quality and sustainable development transformation.