ACME International Holdings (01870) announced that the Group has achieved a substantial breakthrough in business expansion, as its wholly-owned subsidiary, Lechang Green Power Energy Storage Technology Co., Ltd., has seen its planned independent energy storage project officially included in the Guangdong Provincial Energy Bureau's independent energy storage construction plan and entered the 2025 construction schedule. The project has recently received the official grid connection approval from Guangdong Power Grid, marking its entry into a substantive implementation phase. The Group is planning and developing the "Shaoguan Lechang 218MW/436MWh Electrochemical Independent Energy Storage Project," which will utilize lithium iron phosphate battery cells and occupy a total area of 47 acres. This project completed the filing for the Guangdong Provincial Enterprise Investment Project on January 8, 2025, and was included in Guangdong Province's 2025 New Energy Storage Power Station Construction Plan on April 28, 2025. The project site is located in Hefeng Village, Pingshi Town, Lechang City, Shaoguan. On August 10, 2025, the project completed the process of soliciting opinions on the site selection from various relevant government departments in Lechang, Shaoguan. The project has completed its feasibility study report and grid connection system report, and officially received the grid connection approval from Guangdong Power Grid Company on December 19, 2025.
The Group made a prudent decision to develop this independent energy storage project, aiming to precisely capture the strategic opportunities emerging in the new infrastructure sector amid the global wave of energy transition. The project not only aligns with the national "dual carbon" goals and the direction of building a new power system but also demonstrates high synergy with the Group's long-term development strategy. It is expected to inject strong growth momentum into the Group and deliver multi-dimensional core value: 1. Diversifying the company's revenue streams and enhancing potential returns: Against the backdrop of deepening power market reforms, this project possesses multi-layered revenue sources, offering robust and significant profit potential. In the energy market, it can leverage the flexibility of energy storage to smooth the output fluctuations of renewable energy, capturing profits from peak-valley price differences through an arbitrage model of "charging during off-peak hours and discharging during peak hours." In the ancillary services market, with its excellent response speed and regulation capabilities, it can provide grid frequency regulation services and participate in frequency regulation market transactions, thereby securing stable service income. Furthermore, as the industry's policy framework continues to improve, the project is expected to benefit from future capacity compensation revenue, forming a comprehensive revenue structure of "energy revenue + ancillary service revenue + potential capacity compensation," ensuring long-term and stable returns on the asset. Crucially, the project has been approved for direct connection to the regional backbone grid at a 220-kilovolt voltage level. This not only reflects the power grid company's high recognition of the project's strategic importance and technical reliability but also endows the project with higher power transmission capacity, lower transmission losses, and stronger operational stability, enabling more efficient participation in various market transactions and further amplifying its profit potential.
2. Adhering to innovation-driven development to achieve cost reduction and efficiency gains: The project closely follows industry technology trends and plans to adopt advanced battery-related technologies, including iron-lithium solid-state, semi-solid-state battery technologies, and other new energy storage technologies. This will significantly enhance battery storage performance while continuously optimizing the cost structure. The application of advanced technologies will effectively extend battery life, improve energy conversion efficiency, and enhance system operational stability. This not only reduces the project's full lifecycle operational costs but also increases the revenue per unit of capacity, further strengthening the project's competitive advantages in cost and performance in the market, and laying a solid technical foundation for achieving long-term profit growth.
3. Strengthening core competitiveness and driving deep business synergy: This project forms a natural strategic synergy with the Group's existing "AI + Power Trading Services" business. As a physical asset, the energy storage facility will enable the practical application of the Group's advanced power trading algorithms and prediction models, allowing direct participation in power market trading and the supply of ancillary services. This creates a unique business model of "AI + Power Trading + Energy Storage." This model can not only generate stable asset returns but also provide immediate feedback to optimize AI trading strategies, forming a competitive barrier that is difficult to replicate and further consolidating the Group's leading position in the green power energy sector.
4. Expanding the business ecosystem and enhancing comprehensive operational capabilities: By leading the development, construction, and operation of this project, the Group will accumulate full lifecycle management experience for independent energy storage power stations, covering the entire chain from planning and design, construction implementation, to operation, maintenance, and optimization. This will significantly enhance the Group's comprehensive solution capabilities within its green power energy business segment, laying a solid foundation for undertaking diverse projects such as distributed energy storage and integrated energy services in the future. Simultaneously, it will elevate the Group's industry influence and market voice, propelling the Group's transformation towards high-quality and sustainable development.