Core Viewpoint - The company emphasizes the importance of deep earth development and utilization research, showcasing its advancements in salt cavern energy storage technology and strategic projects aimed at enhancing energy storage capabilities [1] Group 1: Company Developments - On August 20, the company held a conference in Huai'an to unveil its achievements in deep earth energy storage, marking the establishment of a "Chinese solution" for efficient salt cavern gas storage [1] - The company is currently focusing on key projects related to deep earth development, including the Zhangxing gas storage facility (Phase I) and a joint venture with Guoxin Group for a 600MW compressed air energy storage project [1] - The company has initiated a project for the research and development of key technologies for large-scale hydrogen storage in salt caverns, which was approved as a leading technology project in Jiangsu Province [1] Group 2: Research and Technology - The company is collaborating with the Wuhan Institute of Rock and Soil Mechanics of the Chinese Academy of Sciences to advance feasibility studies and well construction for its hydrogen storage project [1] - A project for evaluating and monitoring the effectiveness of CO2 storage has been approved as a major national science and technology project, with preliminary work on a CO2 storage demonstration project already underway [1] - The company holds nine quality medium and large salt mining rights, covering nearly 30 square kilometers, with high-quality mineral resources and a reserve of 15 billion tons [1] Group 3: Strategic Positioning - The company possesses proprietary technologies such as "underground cyclic soda production technology" and "new technology for connecting salt cavern gas storage," which are critical to its operations [1] - Located in the economically vibrant Yangtze River Delta, the company benefits from advantageous transportation and location conditions [1] - The company aims to leverage its core advantages and policy support to accelerate the development of the deep earth economy and contribute to the national energy storage strategy [1]