Core Viewpoint - The company Yishite announced that its wholly-owned subsidiary, Yishite (Minle) Energy Storage Technology Co., Ltd., plans to invest 643 million yuan in a 200MW/800MWh grid-side independent energy storage project, with funding sourced from self-owned and raised funds [1] Group 1 - The investment amount for the energy storage project is 643 million yuan [1] - The project aims to construct a 200MW/800MWh energy storage facility [1] - The expected construction period for the project is 6 months [1] Group 2 - The construction site is located in the southern part of the 330 kV gathering station in Sanduntan, Minle County, Zhangye City, Gansu Province [1]

Group 1 - The company Yishite announced on January 28 that its seventh board meeting was held to discuss the investment in a 200MW/800MWh grid-side independent energy storage project [1] - The meeting reviewed documents related to the investment proposal for the energy storage project [1] Group 2 - The investigation into the "Jie Wo Rui" redemption crisis on the Shuibei Gold platform revealed a 40-fold leverage bet, indicating that the platform incurs losses as gold prices rise [1] - Investors reported that the proposed redemption plan offered only 20% of the principal, which was deemed unacceptable [1]