Penghui Energy: won 11.46% of the winning bid for China Mobile Lithium Iron Phosphate Battery purchase order.

Not long ago, China Mobile announced on its official website the results of its centralized procurement of lithium iron phosphate battery products for communications from 2021 to 2022, according to the official account of Penghui Energy on July 23. Penghui Energy won the order as the fourth winning candidate, with a winning share of 11.46%.

It is reported that after Penghui Energy became a backup power supplier for China's tower base stations in 2020, it won the bid for China Mobile again in 2021, marking that Penghui Energy has successfully become one of the domestic 5G base station backup power head enterprises. Penghui Energy's communication base station battery has the characteristics of high energy density, long life, wide temperature range, safety and reliability, which can meet the requirements of 5G communication base station backup battery.

As one of the "new infrastructure" in China, the construction of 5G base stations has been accelerated by four major operators, including China Railway Tower, China Mobile, China Unicom, Telecom, Radio and Television. According to the (GGII) analysis of the Lithium electricity Research Institute of Gaogong Industry and Research Institute, it is expected that the domestic demand for communication lithium batteries will reach 8GWh (excluding exports) in 2021. It is estimated that by 2025, the number of communication towers will increase to 13 million, basically achieving 5G network coverage in major cities around the world, and the global market demand for lithium batteries in base stations will reach 60GWh by 2025.

Penghui Energy said that in the future, it will seize the policy opportunity of the country's "new infrastructure", increase investment in research and development of backup power for 5G base stations, and actively participate in the construction of 5G base stations to provide the best products and services to contribute to the development of global communications.