At present, our investment in Gansu is mainly based on the energy storage industry of new energy. In terms of investment areas, we are located at both ends of Gansu. In Jiuquan City at the west end, we have built and put into operation an energy storage battery assembly workshop and electrolyte factory in Guazhou, and obtained the mining rights of Wuyishan Vanadium Mine in Dunhuang. In Qingyang City at the east end, we have built a high-purity vanadium and related material production base. When it comes to the investment situation of enterprises in Gansu, Nanyi is like a treasure trove.

  He then analyzed that nowadays, in Gansu, enterprises have formed an upstream and downstream industrial chain layout for vanadium flow batteries, from upstream ore mining and deep processing, to midstream electrolyte production, energy storage equipment manufacturing, and downstream energy storage power station construction and operation. From a spatial perspective, the base at the west end can radiate to the Xinjiang market, while the base at the east end radiates to the North China market. In Gansu, Huantai has seized the opportunity in the energy storage industry.

  We have been investing and developing in Gansu for almost 5 years now, and we have achieved rapid development not only due to the booming development of new energy in Gansu, but also thanks to the first-class business environment in Gansu, "said Nan Yi with emotion.

He introduced that in the project construction, the local government provides front-line services, point-to-point docking, and helps enterprises handle project procedures. In a word, whenever a company encounters difficulties, the government will provide timely services to help the project move forward. In his view, the experience of enterprises in Gansu strongly proves that 'a good business environment is productivity and competitiveness'. For example, the Huantai Industrial Guazhou factory was built and put into operation in 2023, with an output value of over 100 million yuan and a tax profit for the year.     Nowadays, it has become a production and energy storage system integration base for Huantai stacks, as well as a national after-sales installation and operation and maintenance business base.

  In Nan Yi's view, what gives enterprises more confidence is that investing in the energy storage industry in Gansu has obvious advantages in both electricity and chemical raw material costs. In terms of electricity consumption, there is abundant green electricity around us, which not only provides sufficient energy and low electricity prices, but also solves the problem of carbon emission targets for products entering the international market; In terms of resources, the Dunhuang Wuyishan vanadium mine is right in front of us. Huantai Energy Storage ensures stable vanadium supply by controlling upstream vanadium resources, thereby avoiding the impact of vanadium price fluctuations and providing production capacity guarantee for the company's vanadium battery order delivery.

  Gansu is rich in new energy and energy storage resources, with a complete industrial system and rich application scenarios. The energy storage industry is in a golden opportunity period. Huantai Group will increase investment in the energy storage industry, strengthen, optimize and expand it, and promote energy storage products to go abroad from Gansu. "Nanyi is full of confidence in the future.