The project is located in Qidong High tech Zone, Jiangsu Province, with a total investment of 2 billion yuan and an area of 100 acres. It will build a research and development center, a supply chain center, and engage in the production of vanadium flow battery energy storage systems and stacks. After reaching production capacity, it can achieve annual taxable sales of 3 billion yuan.

Shaanxi Chuancheng Industrial Holdings Group Co., Ltd. was established in 2017, with its headquarters located in the High tech Zone of Xi'an City, Shaanxi Province. The group has laid out three major business segments: commodity trade, asset investment, and new energy development and application.
The group is centered in Xi'an and has a nationwide layout. Currently, it has established subsidiaries in Haikou, Xiamen, Shanghai and other places in Hainan, with business scope radiating to Shanghai, Zhejiang, Hubei, Jiangsu, Fujian, Hainan, Henan and other regions. It has also implemented strategic comprehensive layout overseas and has set up an overseas branch in Indonesia.
Chuancheng Group's all vanadium liquid flow energy storage technology has achieved independent research and manufacturing capabilities throughout the entire chain, from core components to system integration.