Core Viewpoint - The establishment of Huayun Smart Energy Technology (Wuhan) Co., Ltd. aims to leverage AI to enhance flexible and intelligent power generation, providing digital and smart solutions for the energy sector [1] Group 1: Company Developments - Haoyun Technology, along with its partners, has signed an investment agreement to establish Huayun Smart, holding a combined 51% stake [1] - The collaboration includes contributions from Huazhong University of Science and Technology and Huazhi Thermal Technology, focusing on the industrialization of technological achievements [1][5] - Huayun Smart integrates academic, engineering, and practical experience to create a comprehensive business model [5] Group 2: Market Opportunities - The Chinese government has introduced policies to accelerate the flexibility transformation of existing coal-fired power units, with a potential market size of 400 billion yuan [2] - The demand for digital and intelligent technologies in the traditional coal power industry is increasing due to the dual carbon goals and the need for flexibility upgrades [3] Group 3: Technological Innovations - Huayun Smart is developing three core technologies: IoT coal flow and quality monitoring, AI-based predictive control, and flexible execution technology [4] - The project has achieved a breakthrough in the load adjustment rate of coal-fired units, reaching a new global record of 3.5% per minute [4] - The technology has been adopted by nearly 20 power plants across five major power generation groups, showcasing its international leadership [4] Group 4: Strategic Alignment - The technology roadmap of Huayun Smart aligns with national policies on coal power decarbonization and modernization [5] - The small powder warehouse flexible intelligent solution has become a leading technology in the flexibility upgrade of thermal power generation [5] - The company aims to create an innovative service ecosystem covering the entire energy value chain through advanced technologies [6]

Core Insights - Haoyun Technology plans to invest 32.8 million yuan to establish a subsidiary, Huayun Smart Energy Technology (Wuhan) Co., Ltd., focusing on "AI-enabled flexible intelligent power generation" solutions for the energy sector [1] - The company aims to leverage digital and intelligent technologies to enhance cost efficiency and facilitate low-carbon transformation in the traditional coal power industry, driven by the dual carbon goals and the need for increased flexibility in coal power generation [3][4] Company Developments - The establishment of Huayun Smart Energy is a collaborative effort that integrates academic, research, and industrial capabilities, utilizing the strengths of Huazhong University of Science and Technology and Huazhi Thermal Technology [5] - The subsidiary's core technologies include IoT coal flow and quality monitoring, AI-based predictive control, and enhanced flexible storage solutions, aiming to create a closed-loop solution for coal power flexibility [4][5] Market Potential - The market for flexible transformation of coal power generation is substantial, with optimistic estimates suggesting a market space of 40 billion yuan, driven by government policies promoting the upgrade of coal power units [2] - Huayun Smart Energy's solutions are aligned with national policies aimed at low-carbon transformation and have been recognized as a leading technology in the industry [5] Technological Advancements - The company has developed a new generation of coal power flexibility technology, achieving a load adjustment rate of 3.5% per minute, surpassing previous records and demonstrating significant advancements in coal power flexibility [4] - The technology has been successfully implemented in nearly 20 power plants across five major power generation groups, showcasing its international competitiveness [4] Strategic Positioning - Haoyun Technology is positioning itself as a comprehensive platform for energy digitalization, integrating advanced AI and big data technologies to cover the entire energy value chain [6] - The company's innovative service ecosystem aims to fill gaps in traditional coal power intelligence, enhancing collaboration between main and auxiliary machines [6]