Core Viewpoint - The article emphasizes the focus of the Luwest New Area on alleviating difficulties for enterprises, enhancing services, ensuring strong support, and accelerating project implementation to foster high-quality regional economic development [1]. Project Progress - The installation and debugging of equipment for Line 1, Line 3, and Line 5 are ongoing, preparing for future production; Line 4 has successfully achieved pilot testing; Line 2 has officially commenced production [3]. - The modular factory construction has reached full completion of all individual units, with simultaneous installation and flooring work underway, laying a solid foundation for subsequent equipment entry and production [8]. - The main structure of the energy storage project has been completed, with drainage facilities ready for construction, awaiting equipment arrival [17]. - The construction of the high-end injection project is progressing efficiently, with multiple engineering tasks nearing completion [31]. Project Features - The zero-carbon industrial park project is designed specifically for the production and manufacturing of long-duration energy storage batteries and systems, aiming to create the world's first integrated zero-carbon industrial park for long-duration energy storage [7]. - The green energy storage and large-scale energy equipment project, once fully operational, will become a leading national green energy equipment industrial park [11]. - The energy storage project plans to establish two 2.5GWh dedicated battery production lines, four module pack lines, and two energy storage system integration production lines, with an annual production capacity of 5GWh for dedicated energy storage batteries and 3,000 sets of energy storage system equipment [16]. - The automotive fastener project aims to develop a research, production, and sales base for automotive parts, precisely matching the needs of mid-to-high-end models from brands like Ford, Volkswagen, Tesla, Mercedes-Benz, and BMW [20]. - The project for ecological diatom boards focuses on constructing production and deep processing lines for fourth-generation diatom inorganic mineral boards, along with a national-level fireproof material testing center [25].

Group 1 - The core focus of the Lu Xi New District is on project implementation as a key driver for economic development, aiming to resolve construction challenges and enhance support channels [1] - The district is accelerating project construction to inject strong momentum into high-quality economic development [1] Group 2 - The Haicheng Long-term Energy Storage Integrated Project is under construction, with the modular factory's exterior wall installation completed and ongoing work on doors and fire safety systems [5] - The project aims to create a comprehensive long-term energy storage industrial park [6] Group 3 - A health beverage project with an annual production capacity of 1 billion bottles is progressing, with multiple production lines in various stages of installation and testing [8] - The product range includes juice, functional drinks, and soda, targeting to establish a benchmark in the health beverage sector [8] Group 4 - The Green Energy Storage and Large-scale Energy Equipment Project is advancing, with ongoing construction of office buildings and installation of structural components [9] - Upon completion, it is expected to become a leading facility in green energy equipment manufacturing [9] Group 5 - The energy storage project is nearing completion, with the main structure finished and preparations for drainage facilities underway [11] - It will feature specialized production lines for energy storage cells and systems, contributing to the development of a distinctive energy storage equipment manufacturing cluster [11] Group 6 - The automotive fastener project is progressing with internal renovations in the workshop, aiming for delivery by the end of September [14] - The project focuses on becoming a research, production, and sales base for automotive components, catering to high-end brands [14] Group 7 - The ecological board project is advancing steadily, with supporting work progressing as planned [17] - It aims to establish a fourth-generation board material production line and a national-level fire material testing center [17] Group 8 - The high-end injection drug project by Shen Pharmaceutical is making significant progress, with multiple construction phases nearing completion [19] - Once operational, it will be a leading facility in terms of production capacity and technology in the high-end injection drug sector [19]

Group 1 - The implementation of the mandatory national standard GB44240-2024 for lithium batteries used in energy storage systems marks a significant improvement in China's energy storage safety standard system [1] - GB44240-2024 focuses on product safety features, introducing additional testing items such as vibration, impact, puncture, and forced discharge, while tightening certain testing requirements [1] - The standard establishes safety "hard thresholds" across the entire supply chain, from battery design and manufacturing to transportation, installation, operation, and recycling [1] Group 2 - Over 20 companies with more than 40 models have passed or are undergoing testing for GB44240, including leading battery manufacturers such as Ningde Times and Haicheng Energy [2] - As of the first half of 2025, the installed capacity of new energy storage in China reached 94.91 million kilowatts (22.2 billion kilowatt-hours), representing a growth of approximately 29% compared to the end of 2024 [2] - The implementation of GB44240 is expected to challenge manufacturers with insufficient safety redundancies to redesign their products, accelerating the elimination of low-quality capacity and promoting a shift in the industry from "cost-first" to "safety-first" high-quality transformation [2]

Core Viewpoint - The implementation of the mandatory national standard GB 44240-2024 for lithium batteries used in energy storage systems marks a significant shift towards enhanced safety regulations in China's energy storage industry, focusing on product safety characteristics and establishing legal entry barriers [1][2]. Group 1: Standard Overview - GB 44240-2024 is the first mandatory national standard in the energy storage sector, emphasizing safety features and incorporating key testing items from international standards such as IEC, UL, and UN [1][2]. - The standard includes new testing items at the cell level, such as vibration, impact, puncture, and forced discharge, and has increased the duration for overcharging tests, which correlates with safety risks [2]. Group 2: Industry Impact - Over 20 companies with more than 40 product models have passed or are undergoing testing for GB 44240, including leading battery manufacturers like CATL, Envision, and others [2]. - The implementation of GB 44240 is expected to elevate safety from an optional consideration to a mandatory requirement, pushing manufacturers with insufficient safety redundancies to redesign their products and transition the industry towards a high-quality focus on safety rather than cost [4]. Group 3: Market Dynamics - The new standard comes at a time when the energy storage sector is experiencing rapid growth, with installed capacity reaching 94.91 million kilowatts (22.2 billion watt-hours), a 29% increase from the end of 2024 [4]. - The industry is shifting from a passive role to an active profit-generating model, with high-frequency operational testing becoming a market necessity [4].

Core Viewpoint - The implementation of the mandatory national standard GB44240-2024 for lithium batteries used in energy storage systems marks a significant shift towards enhanced safety requirements in the industry, focusing on product safety characteristics and establishing legal entry barriers [1][2]. Group 1: Standard Overview - GB44240-2024 is the first mandatory national standard in the energy storage sector, emphasizing safety features and incorporating key testing items from international standards such as IEC, UL, and UN [1]. - The standard includes comprehensive testing requirements covering battery performance, electrical safety, mechanical safety, and environmental reliability, establishing safety benchmarks throughout the entire lifecycle of the battery [2]. Group 2: Testing and Certification - New testing items added in GB44240 include vibration, impact, puncture, and forced discharge, with stricter requirements for overcharging, increasing the total overcharge duration significantly [2]. - As of now, over 20 companies with more than 40 product models have passed the GB44240 evaluation, including leading battery manufacturers such as CATL, Envision, and others [2][3]. Group 3: Industry Impact - The rapid development of new energy and the increasing pressure for power supply necessitate the advancement of energy storage systems, with a reported 29% growth in installed capacity reaching 94.91 million kilowatts by mid-2025 [4]. - The implementation of GB44240 is expected to elevate safety from an optional consideration to a mandatory requirement, compelling manufacturers with insufficient safety redundancies to redesign their products, thus promoting a shift from cost-driven to safety-oriented high-quality production in the industry [4].

Core Viewpoint - The article emphasizes the rapid development of "new energy storage" as a key emerging industry in China's energy strategy, highlighting significant growth in installed capacity and technological innovation [1][3][9]. Group 1: Industry Growth and Projections - The new energy storage sector in China is expected to see an annual compound growth rate exceeding 100% during the "14th Five-Year Plan" period, with new installations projected to surpass 30 gigawatts by 2025 [3][8]. - In 2024, the new energy storage projects are anticipated to add 43.7 gigawatts, representing a year-on-year growth of 103%, accounting for 59% of the global market [5][9]. - As of February 2024, the cumulative installed capacity of new energy storage in China has exceeded 75 million kilowatts, with a significant increase in utilization hours [9][11]. Group 2: Technological Innovations - The integration of artificial intelligence with energy storage technologies is creating new application scenarios, such as intelligent trading systems that enhance predictive accuracy for weather and electricity prices [2][11]. - The performance of lithium batteries has significantly improved, leading to a surge in new enterprises and increased industry capacity, with the total production of lithium batteries expected to reach 1,170 gigawatt-hours in 2024 [7][11]. - The development of a safety monitoring platform for gigawatt-level energy storage systems demonstrates advanced data collection and analysis capabilities, enhancing operational efficiency and safety [2][11]. Group 3: Policy and Support - Multiple government departments are collaborating to promote the healthy and orderly development of the new energy storage industry, focusing on technological innovation and establishing a robust standard system [9][11]. - Future initiatives will support advanced storage technologies, including solid-state batteries, and encourage the integration of energy storage with renewable energy sources [13][11].

最低谷时期已过，未来正趋向光明。 2024 全年公司共销售出 43.71GWh 锂电池产品（动力 + 储能），同比增长 124.4% ，截至去年年底形成 74GWh 产能。 | 綜合業績 | | | | | | | --- | --- | --- | --- | --- | --- | | | | | 截至12月31日止年度 | | | | | 2024年 | 2023年 | 2022年 | 20219 | 2020年 | | | 人民解千元 | 人民幣手元 | 人民幣手九 | 人民部 3.70 | 人民幣千元 | | | | (經濟列) | (經量列) | (經量列) | (超重列) | | 收入 | 17,795,914 | 13,748,914 | 14,647,778 | 2,109,144 | 906,986 | | 毛利/(毛揚) | 736,930 | 350,053 | 1,095,863 | (321,902) | 112,667 | | 除税前處損 | (1,352,577) | (1,940,863) | (450,798) | (804,209) | (53.279) | | 年内虧損 ...

Core Viewpoint - Envision Energy (AESC) has become the first company in China to obtain the GB 44240-2024 certification for lithium batteries used in energy storage systems, marking a significant milestone in the safety management of energy storage batteries in China [1][2]. Summary by Sections Certification and Standards - GB 44240 is China's first mandatory national standard for the safety of lithium batteries used in energy storage, set to be implemented on August 1, 2025, indicating a major step forward in safety management within the industry [2]. - The certification process took three years, organized by the Ministry of Industry and Information Technology and drafted by the China Electronics Standardization Institute, focusing on product safety characteristics [2]. Safety and Reliability - Envision Energy's achievement of the GB 44240 certification demonstrates its leadership in safety across the entire value chain, including design, manufacturing, and operational management, contributing to the high-quality development of China's energy storage industry [2]. - The standard includes rigorous testing items such as vibration, impact, puncture, and forced discharge, emphasizing the importance of safety throughout the product lifecycle [2]. Company Achievements - Envision Energy has a strong safety record, having supplied over 1 million electric vehicles and more than 40 GWh of energy storage systems globally, maintaining a "0 major accident" safety record [2]. - The company's energy storage-specific cells have passed over 200 global safety tests and received multiple certifications from various international standards [3]. Industry Collaboration - Envision Energy has established deep collaborations with leading energy storage integrators such as Fluence, Powin, and Nidec to meet local demands for battery products and supply chains globally [4]. Upcoming Events - The 13th International Energy Storage Summit and Exhibition (ESIE 2025) is scheduled for April 10-12, 2025, in Beijing, where Envision Energy will prominently participate [5][6].