Smart Energy plans to invest 600 million yuan to set up two companies to develop electricity sales and lithium battery business

Smart Energy plans to invest 600 million yuan to set up two companies to develop electricity sales and lithium battery business

Announced on the evening of November 7, the company plans to invest 300 million yuan in Far East Intelligent Service Company, and the company's capital contribution accounts for 100% of the registered capital. Its business scope is: electricity sales business; heat supply; distribution network, heating pipe network installation and operation and maintenance; power, heat, energy-saving technology development; electricity value-added consulting services; power engineering design, construction; Installation, repair, and test; operation management and maintenance of power equipment; development of new energy technologies, technical consultation, technology transfer, and technical services.

The announcement stated that in order to grasp the development opportunities brought about by the power system reform and to arrange the distribution of electricity market, the company decided to invest in Far East Intelligent Service Company. The company can participate in the power market competition through electricity market transactions, direct purchase of electricity, etc., increase the company's power product sales revenue, and enhance the company's profitability. At the same time, Far East Intelligent Service Company will actively research and apply technologies such as big data, energy Internet and smart grid to provide users with more high-quality and efficient energy services, and further enhance the overall market competitiveness of the company's power business.

At the same time, Smart Energy also announced that Far East Foster New Energy Co., Ltd., a wholly-owned subsidiary of the company, plans to invest RMB 300 million in Far East Foster New Energy Jiangsu Co., Ltd., and Far East Foster will invest 100% of its registered capital. Its business scope is: lithium ion battery, lithium ion power battery (group), lithium ion energy storage battery (group), hydrogen fuel cell, battery material (except dangerous chemicals), electric bicycle, sanitation special equipment, copper foil, electronics Development, design, manufacturing, processing, sales and technology transfer, technical consulting, and technical services of drive control technology products.

The announcement said that this investment will further promote the extension of the industrial chain, and increase the layout of the new energy industry in the Yangtze River Delta economic zone, achieve the strategic layout of emerging industries, complete the synergy effect of the company's new energy industry in many regions, and cultivate for the company. Profit growth.

According to industry analysts, the strategic transformation of smart energy from equipment providers to integrated energy service providers, from power supply links to power generation, transmission, substation, power distribution, electricity and power services, layout of new energy power generation, vehicles Networking, distributed energy storage, active distribution network transformation, industrial park integrated energy services and other fields, forming a smart energy industry chain and cross-border development, to create a smart energy Internet. The establishment of the two companies is the company's distribution of electricity and new energy power batteries. The former is a new market formed by China's power system reform, and the development prospects of power batteries are broad. Therefore, basically based on the development strategy of listed companies, the development of these two aspects is conducive to the company to open up new markets, form new profit growth points, and improve the company's comprehensive competitiveness.

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