--- title: "AI development drives energy storage demand, TEN PAO GROUP's diversified products seize opportunities" type: "News" locale: "en" url: "https://longbridge.com/en/news/273636582.md" description: "TEN PAO GROUP Chairman Hong Guangyi stated that the development of AI is driving the demand for energy storage, and the future business outlook is optimistic. The company is providing diversified products and expanding its power solutions business, including high-end smart controllers. The new production base has been put into operation, implementing smart manufacturing to save energy. Hong Guangyi has increased his shareholding, demonstrating confidence in the company, and will focus on development in Southeast Asia and the Belt and Road region in the future to reduce risks" datetime: "2026-01-26T02:14:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273636582.md) - [en](https://longbridge.com/en/news/273636582.md) - [zh-HK](https://longbridge.com/zh-HK/news/273636582.md) --- # AI development drives energy storage demand, TEN PAO GROUP's diversified products seize opportunities The chairman of TEN PAO GROUP (1979), Hong Guangyi, stated in an interview with this newspaper that the development of AI is driving the demand for the company's energy storage businesses such as intelligent robots and data centers, and he is very optimistic about the future business prospects. He also believes that as high-end technologies like AI and robotics continue to develop, electricity demand will significantly increase, saying, "It's already quite a hassle when your phone runs out of battery; if there are robots at home, they must be equipped with energy storage systems." TEN PAO is providing more diversified products to seize the opportunities presented by the wave of new technology upgrades. He cited that TEN PAO's power solutions business has expanded to produce high-end intelligent controllers (PCBA), which assemble electronic components through circuit boards, describing it as the "heart" of electronic hardware and belonging to precision technology. They are currently expanding more related orders. On another note, Hong Guangyi mentioned that the new production base in Huizhou has commenced operations, which is an intelligent factory where multiple stages of the production line are operated by robotic arms, implementing automation and monitoring the carbon emissions of the production line. He stated that implementing smart manufacturing can streamline labor and save energy. Although considering the investment costs, it may not save much in operating costs, he believes that the benefits will be realized in the long run, and the production capacity can be quickly expanded as needed in the future. ## Continuous Increase in Holdings Demonstrates Confidence in the Company After a two-year gap, Hong Guangyi has been continuously increasing his shareholding since last month. He expressed confidence in the company's development, saying, "I feel quite happy," and revealed, "I have also increased my holdings of the company's stock a little." He will consider continuing to increase his holdings depending on market conditions. Regarding geopolitical risks, Hong Guangyi stated that TEN PAO has long diversified its product types and market regions, with a relatively balanced proportion of business. Given the current situation, the company may focus more on developing in Southeast Asia and the Belt and Road regions, believing that there are more opportunities and reduced risks ### Related Stocks - [01979.HK](https://longbridge.com/en/quote/01979.HK.md) ## Related News & Research - [AI face is taking over — and driving plastic surgeons crazy](https://longbridge.com/en/news/286641783.md) - [Jack Antonoff tells people who are making AI art to 'drive right off that cliff'](https://longbridge.com/en/news/286592426.md) - [06:07 ETStandardC Launches AI Platform for Financial Institutions, Where Customer PII Is Never Shared With AI Models (Patent Pending)](https://longbridge.com/en/news/286892045.md) - [These 3 engineering roles are now converging, says EY's AI leader](https://longbridge.com/en/news/286538922.md) - [College students boo after a 'new AI system' misses names during graduation ceremony](https://longbridge.com/en/news/286953353.md)