Recently, Narada received the notice of bid winning, confirming that Narada is the first bidder of China Tower 2023-2024 Lithium Iron Phosphate Battery, with a winning share of 40%, and the winning amount (tax included) ) is about 1.610 billion yuan.

The winning of this project is the result of our accumulated advantages in the field of energy storage for many years. Since 2023, Narada has won bids and signed ESS projects totaling about 5.5GWh.

Narada and China Tower have cooperated in the field of industrial energy storage for many years. With the implementation of the new national standard for electric vehicles and the proposal of the goal of "carbon peak and neutrality", China Tower has launched battery replacement business since 2019.

Combining with the needs of China Tower business development, we provide a self-developed lithium battery pack specially used in the bike charging and swapping system. Narada also undertakes the waste battery recycling.

In the future, Narada will continue to join with partners in the ESS ecosystem such to build a comprehensive and in-depth cooperation platform, achieve all-round strategic cooperation, give full play to their respective advantages in business and resources, and achieve mutual benefit and win-win results.