Core Insights - The seventh Future Energy Conference's "Global CTO Forum" focused on technology-driven reconstruction of future energy systems, emphasizing cutting-edge innovations and engineering practices [1] Group 1: Safety Challenges in Energy Storage - The energy storage industry faces significant safety challenges, with a total of 167 safety incidents reported globally by May 2025, primarily due to inadequate thermal management [1] - Early cooling technologies, such as air cooling, have low thermal efficiency, while liquid cooling has limitations as energy density increases beyond 6 MWh, failing to meet safety requirements [1] Group 2: Immersion Cooling Technology - The immersion cooling system innovatively applies over 70 years of transformer oil cooling technology to electrochemical energy storage, revolutionizing thermal management [2] - Key breakthroughs of immersion cooling include significantly improved heat dissipation efficiency, enhanced safety through the use of environmentally friendly GTL synthetic oil, and extended system lifespan by over 20% due to precise temperature control [2] Group 3: Validation and Application - The safety and performance of the immersion cooling system have been validated through extensive testing, demonstrating rapid temperature recovery and self-extinguishing capabilities in fire scenarios [2] - The system has been successfully implemented in various locations, including Jinan Supercharging Station and Shanxi Coal Mine backup power, maintaining stable operational status [2] Group 4: Future Directions and Industry Standards - "High safety" is becoming a core competitive barrier in the energy storage industry, especially in emerging applications like large storage and AI data centers, where safety redundancy and stability are paramount [3] - The company plans to continue developing immersion cooling technology while optimizing solutions for increased storage capacity and power, aiming to lower operational costs and promote industry safety standards [3]

Core Viewpoint - The company held an investor relations event on September 23, 2025, where key executives presented the company's development history, business progress, and performance in the first half of 2025, engaging with 19 institutional investors [1]. Group 1: Company Overview - The chairman and general manager provided a brief introduction to the company's development milestones and business evolution [1]. - The company discussed its product application scenarios and energy storage demonstration projects [1]. Group 2: Key Technologies and Strategies - The company is developing immersion energy storage technology to mitigate thermal runaway risks, collaborating with silicone oil manufacturers to enhance thermal stability and energy conversion efficiency [2]. - The company is focusing on a "3 + 1" strategic layout, prioritizing areas of strength to ensure stable business growth while gradually implementing its strategy [2]. - The company aims to establish an integrated software and hardware platform, combining products with application scenarios to create a closed-loop business model [2]. Group 3: Market and Performance Insights - The company is enhancing its gross margin through product structure optimization, improved sales policies, and increasing the proportion of high-margin products [2]. - The company reported a sufficient order backlog and is gradually implementing its strategic layout, indicating positive business performance and order situation [2]. - The company believes that the market will reflect its true value in the long term, emphasizing the importance of technology investment, product iteration, and user experience optimization to enhance market competitiveness [2].