Core Viewpoint - The article highlights the advancements and achievements of Beijing Honghui International Energy Technology Co., Ltd. in the flywheel energy storage industry, emphasizing its role as a leader in China with independent intellectual property rights and significant contributions to various sectors including semiconductor, oil drilling, and rail transportation [2][3][4]. Company Overview - Beijing Honghui International Energy is recognized as a leader in the flywheel energy storage sector in China, holding national high-tech enterprise status and multiple intellectual property rights [2]. - The company has over 20 years of experience in flywheel energy storage technology, having developed key technologies and products that fill domestic gaps [3]. Key Achievements - In 2017-2018, the company secured a significant order for a dynamic UPS system for a semiconductor factory, marking the first large-scale production of flywheel energy storage technology in the semiconductor industry [3]. - The company delivered a high-power energy recovery device for oil drilling to China National Petroleum Corporation, achieving a record of 300 deep charge and discharge cycles per day [4]. - Honghui has delivered the first fully independent flywheel energy storage UPS mobile power vehicle to the State Grid, breaking foreign monopolies [4]. Standards and Regulations - The first national standard for flywheel energy storage systems, led by Honghui, was officially released in April 2020, which is crucial for the development of the industry [5]. - The company is also involved in the approval process for additional national standards related to flywheel energy storage [5]. Recent Developments - In 2023, Honghui's flywheel energy storage system was recognized by the Ministry of Science and Technology, affirming its research capabilities [8]. - The company is participating in significant projects, including a 200MW/9MWh independent frequency modulation energy storage power station in Shanxi, which marks a major advancement in the application and industrialization of flywheel technology [9]. Product Offerings - Honghui's flywheel energy storage products include power type, energy type, and pulse power type, catering to various applications such as rail transportation, data centers, and grid frequency modulation [13][14]. Major Projects - The company is involved in several key projects, including the world's largest flywheel energy storage frequency modulation power station in Shanxi and a new mixed energy storage demonstration project in Xinjiang [18].