Huichuan Technology Chairman Zhu Xingming: Energy storage demand will increase.

On May 23, at Huichuan Technology's annual shareholders meeting, Chairman Zhu Xingming stated that after three years, the company has returned to the energy storage sector. This decision is mainly based on the belief that the future energy supply structure will shift from fossil fuels to a more diversified energy supply. With the grid shifting focus from distribution and transmission to more control and regulation, this provides opportunities for Huichuan Technology to excel. The company is optimistic about the opportunities in connected energy storage management. Additionally, as global manufacturing becomes more decentralized and demand for power supply increases both domestically and internationally, the demand for energy storage is also expected to grow.