Zheng Quan Shi Bao Wang·2025-07-11 01:04Core Insights - The 2025 China Smart Energy Conference and Exhibition focuses on energy equipment such as wind, solar, storage, and hydrogen, showcasing advancements in energy digitalization and intelligence [1] Company Insights - Jinshi Technology presented its hybrid energy storage architecture and all-scenario solutions, combining energy-type lithium-ion batteries with power-type supercapacitor systems to enhance economic benefits and improve grid frequency regulation and power quality [1] - Jinshi Technology's hybrid storage system utilizes dynamic power distribution and intelligent scheduling through core algorithms, with supercapacitors handling transient high power and lithium batteries ensuring long-term energy output, thus improving frequency modulation efficiency and extending system life [1] - Jinshi Technology's core business has shifted to energy storage, with energy storage equipment revenue reaching 258 million yuan in 2024, accounting for 68.70% of total revenue, while energy storage safety solutions contributed 114 million yuan, representing 30.24% [2] - Jinshi Technology's subsidiary, Qianye Technology, focuses on lithium-ion battery thermal runaway monitoring and fire prevention research, indicating a comprehensive approach to energy storage safety [2] - Zhongzi Technology showcased its "source-network-load-storage" comprehensive energy management system, expanding its business from gasoline vehicle exhaust purification catalysts to energy storage solutions, with revenue from energy storage and related services exceeding 80 million yuan in 2024 [3] Industry Insights - In 2024, China's energy storage industry experienced significant growth, with 109.8 GWh of new energy storage capacity added, bringing the total installed capacity to 184.2 GWh, surpassing pumped storage for the first time [3] - East China Securities noted a rebound in terminal energy storage system prices since the second quarter of last year, driven by demand in emerging markets and the core drivers of energy storage installations being consumption, profitability, and electricity reliability [3]