With a total investment of $5.5 billion, the energy storage project settled and signed a contract

Ltd. said that Jinchuang Group is a leading enterprise and listed company in the global rail transit supporting equipment industry, with advanced technology and strong strength in equipment manufacturing.

On 9th August, the People’s Government of Toketo County signed an investment and cooperation agreement on new energy industry energy storage project with Imago Group Co.

The project is planned to build a new energy industry energy storage project in two phases in Toketo County. The first phase of the project plans to invest 2 billion yuan, mainly to build energy storage box supporting production lines, manufacturing and system integration of energy storage products, testing and experimentation, EPC construction, energy management, and establishment of production and operation service teams; the second phase of the project plans to invest 3 billion yuan, mainly to build PACK production lines, to open up international new energy sales channels, and to invest in new energy projects such as light storage and charging. The second phase of the project plans to invest 3 billion yuan, mainly to build PACK production lines, develop international new energy sales channels, and invest in new energy projects such as light storage and charging.

Gao Yaohong, President of Imago Group, said that Imago Group is a leading enterprise and listed company in the global rail transit supporting equipment industry, with advanced technology and strong strength in equipment manufacturing. At the same time, he introduced the basic situation of the energy storage project in the new energy industry and the company’s strategic planning in developing large energy storage and industrial and commercial energy storage, and believed that Toketo County has favourable policies and huge potential in the surrounding market, and the two sides have a solid foundation for cooperation with a broad prospect, and he hoped to jointly push forward the contracted project to land and operate early, and to work together to achieve mutual benefit and win-win development.

Toketo County, deputy secretary of the county mayor Gao Zheng said, Toketo County is currently grasping the “double carbon” strategic development opportunities, I hope that the two sides can take the signing as an opportunity to further carry out a full range of new energy in the field of deep-level cooperation, in order to promote the source of the integrated development of the network, storage, and achieve the “double carbon” goal to make a contribution. The two sides are expected to make contributions to promoting the integrated development of source, network and storage and achieving the “dual-carbon” goal. Toktor County will always abide by the pro-business, business commitment, make every effort to provide a full range of high-quality services for enterprise development, project construction, and go all out to promote the project as early as possible to land, early results.

County Standing Committee, Executive Vice Mayor Zhang Yu, Toktok Ching Economic Development Zone Management Committee, deputy director of Hu Flood, the relevant departments in charge to participate.

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