Core Insights - The company Huayuan Tongchuang Technology (01116) has signed a memorandum of cooperation with Environmental Process Systems Limited (EPS) to establish a joint venture focused on phase change energy storage products in the Chinese market [1][2] - This collaboration aims to enhance the company's technological leadership in the phase change energy storage sector, leveraging China's significant energy-saving and emission reduction market demands [2] Company Overview - The joint venture will focus on the production and industrial promotion of phase change energy storage products, covering applications in data centers, central air conditioning, cold chain logistics, agricultural facilities, and other high-energy consumption sectors [1] - EPS is recognized as an international leader in phase change energy storage technology, with a comprehensive temperature range of -100°C to +885°C, and has collaborated with several well-known international companies [1] Strategic Implications - The partnership aligns with China's "dual carbon" policy and green energy-saving strategies, allowing the company to utilize its industrial resources, customer channels, and policy connections effectively [2] - This collaboration is expected to expand application scenarios in high-energy consumption fields, thereby enhancing the company's core competitiveness and creating sustainable growth momentum for shareholders [2]
慧源同创科技附属与EPS订立合作备忘录,将设立合资公司负责相变蓄能产品的生产及在中国市场的产业化推广