Core Viewpoint - The forum held in Chongqing marks a significant step towards the development of the energy storage and smart energy industry, emphasizing collaboration and innovation in technology and product development [2][10]. Collaboration and Strategic Partnerships - A strategic cooperation agreement was signed between Shell (Shanghai) Technology Co., Ltd. and Chongqing Qing'an Energy Co., Ltd. to enhance existing collaborations in the field of lithium-ion battery energy storage systems [4][10]. - The partnership will focus on the development and promotion of fully immersed energy storage systems, including technical innovation, product compatibility testing, industry standard formulation, and global supply chain support [4][10]. Product Launch and Innovations - Qing'an and Shell launched the world's first direct cooling immersion energy storage system, addressing common industry challenges such as high costs, limited efficiency, and safety concerns [7][10]. - The new product utilizes Shell's single-phase immersion cooling liquid, achieving a 60% reduction in auxiliary energy consumption, maintaining a temperature difference of less than 1°C for battery cells, and enhancing battery cycle life by 20% [8][9]. Future Prospects and Industry Impact - The successful forum signifies a new phase for the energy storage and smart energy industry in Chongqing, transitioning towards technological breakthroughs, result transformation, and ecological co-construction [10]. - The collaboration aims to bring more innovative solutions to the global energy storage industry, contributing to the advancement of the smart energy era [10].