Yonz's subsidiary plans to invest 1.31 billion yuan to construct the Baotou energy storage power station project

Yonz's subsidiary, Yonz Electric Power (Baotou) Co., Ltd., plans to invest approximately 1.31 billion yuan to construct the Baotou Energy Storage Power Station project, which mainly includes a new energy storage power station with a capacity of 300,000 kilowatts/1.8 million kilowatt-hours and a 220kV booster station. The project is located in Baotou City, Inner Mongolia, and is expected to start construction in June 2025 and be completed by December 31, 2025, with a construction period of 7 months. This project will help the company expand downstream applications in the photovoltaic industry chain and promote the integrated development of its main business with power station systems