Eastone Century to Inject 430 Million Yuan into New Independent Energy Storage Facility Project

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Eastone Century Technology Co.,Ltd. (300310.SZ) has announced that its wholly-owned subsidiary, Guangdong Zhongyiding New Energy Technology Co., Ltd., will proceed with an investment through its subordinate company, Yaochu (Gongcheng) Energy Storage Technology Co., Ltd., to develop the first phase of the Gongcheng Yaochu 200MW/400MWh independent shared energy storage station project.

The total planned investment for this phase is approximately RMB 430 million. The company stated that this move represents a key step in advancing its new energy business strategy.

Once operational, the project is expected to help the company establish a foothold in the independent storage sector, enhance its industrial layout, and broaden its development prospects, thereby strengthening its overall competitive edge.

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