According to Yongfu, recently, a consortium led by the Hydropower No. 16 Bureau and Yongfu successfully won the bid for one of the largest power-side electrochemical energy storage projects in the world, the 1 million kilowatt/6 million kilowatt-hour power-side energy storage project in Chayouzhongqi, Ulanqab City, Inner Mongolia, which includes design, procurement, construction general contracting, and operation and maintenance. The company stated that winning the project marks another significant breakthrough for Yongfu in the field of large-capacity energy storage