According to the official WeChat of Guoxuan Hi-Tech, recently, Hefei Guoxuan Hi-Tech Power Energy Co., Ltd., a wholly-owned subsidiary of Guoxuan Hi-Tech, signed a strategic cooperation agreement with Southern Power Grid Peak Shifting and Frequency Regulation (Guangdong) Energy Storage Technology Co., Ltd. in Hefei. The two sides will carry out cooperation on energy storage projects around the application scenarios of power side, grid side and user side.

According to the agreement, the two sides established a comprehensive cooperation relationship in the field of new energy storage business, and jointly carried out energy storage project investment and construction, new energy project replacement, energy storage project development and energy storage equipment procurement around the application scenarios of power side, grid side and user side. The two sides will also give full play to their respective advantages in brand, resources, market, service, management and other aspects, extend from single "industrial cooperation" to "platform joint construction", realize the flow of talents, technologies, equipment, funds and resources, and form a strong alliance for mutual benefit and win-win situation.