Summary of AIDC and Energy Storage Conference Call Industry Overview - The report focuses on the AIDC (Artificial Intelligence Data Center) industry and its impact on energy storage demand, particularly in North America, where urban center construction has led to a surge in electricity consumption, creating a supply-demand gap in both generation and consumption sides [1][3]. Key Insights and Arguments - **Energy Demand Surge**: The construction of urban centers in North America has significantly increased electricity demand, with a notable supply-demand gap emerging in the short term. This gap is expected to be filled by new energy installations, driving the growth of energy storage needs on the generation side [3]. - **Renewable Energy Integration**: The report highlights that the share of wind and solar power is expected to increase, with a projected storage integration ratio of about 50% for renewable energy sources, which will further drive the demand for energy storage solutions [1][6]. - **Technological Advancements**: The development and application of AI large model technologies have significantly increased electricity demand in urban centers, necessitating enhanced energy storage solutions to manage load fluctuations [5]. - **Cost Competitiveness**: The levelized cost of energy (LCOE) for solar and storage systems is reported to be between $50 to $130 per megawatt-hour, making it more competitive than traditional energy sources [4][14]. - **Future Projections**: According to Frost & Sullivan, global data center energy storage demand is expected to reach 212 GWh by 2030, with a compound annual growth rate (CAGR) of 49% from 2023 to 2030. In the U.S., the proportion of data center energy storage is projected to increase from 20% in 2025 to 50% by 2030 [4][16]. Additional Important Points - **Challenges in North America**: The report notes that 80% of urban centers in North America are located in major cities, where the inflexible nature of electricity demand poses significant risks to regional power grids, potentially leading to power outages [6]. - **Energy Storage Solutions**: Large lithium-ion battery storage systems are highlighted as essential for smoothing out load fluctuations and providing backup power during outages. These systems can also improve the response to low voltage events, ensuring stable operations [7][8]. - **Self-Built Power Plants**: The trend of major tech companies like Google, Amazon, and Meta building their own power plants is increasing, utilizing a mix of gas turbines, nuclear power, and future solid oxide fuel cells (SOFC) [11]. - **Off-Grid Solar Storage**: The report discusses the potential of off-grid solar storage systems for data centers, noting that while costs need to decrease further, projects like those in the UAE demonstrate significant carbon offset capabilities [12]. - **Market Beneficiaries**: Key players expected to benefit from the ITC (Information Technology Infrastructure) energy storage trend include leading companies in the upstream and midstream sectors, such as CATL, EVE Energy, and LONGi Green Energy [19]. This summary encapsulates the critical aspects of the AIDC and energy storage conference call, highlighting the industry's growth, challenges, and future opportunities.

Group 1 - The company held its 19th meeting of the 11th Board of Directors on July 29, 2025, to review and approve the 2025 semi-annual report and summary [1][2] - The semi-annual report was prepared in compliance with relevant laws and regulations, and was confirmed by the board members, supervisors, and senior management [1][2] - The board approved a proposal for a project investment cooperation agreement and related party transactions [2][3] Group 2 - Green Energy International Limited plans to invest in the construction of a solar and energy storage power station at the site provided by the company's subsidiary, Brother Mining SASU, with an expected scale of 18MW for solar and 20MW/20MWh for energy storage [3] - The project will have a 10-year cooperation period with a phased decreasing pricing model, with an estimated total payment of approximately $48.06 million for electricity over the 10 years [3] - The related party transaction was approved by the independent directors of the board and does not require submission to the shareholders' meeting [3][4]