Camel Co., Ltd.: energy storage container products will become an indispensable part of the load storage of the new power system source network.

SMM Oct. 28: camel Co., Ltd. said on the investor interactive platform that the company's current basic model of container products is 500kWh-1MWh, and the maximum capacity can be customized according to the needs of the energy storage system. The company believes that in view of the fact that energy storage container products are widely used in the power generation side, transmission side and user side, with the continuous deepening of the national "double carbon" strategy, energy storage container products will become an indispensable part of the new power system source network charge storage, and have great potential for development in the future.

In the "carbon Dafeng Action Plan before 2030" issued by the State Council on October 26, it is proposed to actively develop "new energy + energy storage", source network charge and storage integration and multi-energy complementarity, and support the distributed new energy rational allocation of energy storage system. Speed up the demonstration and application of the new type of energy storage. By 2025, the installed capacity of the new type of energy storage will reach more than 30 million kilowatts. By 2030, the installed capacity of the pumped storage power station will reach about 120 million kilowatts, and the provincial Electroweb will basically have more than 5 per cent peak load response capacity.

From this, it is not difficult to see that Camel shares have a very bright development prospect in the field of energy storage containers in the future.

In addition, the company also believes that energy storage container products will develop into standardized products used by enterprises in the future, but the personalized use of residents needs to be formulated according to the actual needs.

Recently, Camel released its financial results for the third quarter of 2021, it is reported that the company's revenue in the third quarter reached 2.896 billion yuan, up 6.38% from the same period last year; the net profit belonging to shareholders of listed companies was 169 million yuan, down 18.11% from the same period last year. The company's revenue in the first three quarters totaled 9.142 billion yuan, up 34.66% from the same period last year; the net profit attributed to shareholders of listed companies in the first three quarters was 674 million, an increase of 49.65% over the same period last year.

The net profit of Camel Co., Ltd. in the first three quarters increased by 49.65% compared with the same period last year. Lead-acid battery recycling industry chain runs efficiently.