Recently, Narada, in collaboration with its wholly-owned subsidiary Jiuquan Narada, plans to jointly establish a wholly-owned project company to invest in the construction of a 150MW wind power project and a 100MW wind power project in the resource-rich and favorable conditions of Jiuquan, Gansu.

As the global energy structure adjusts and the green low-carbon development strategy advances, Narada actively responds to national policies. With its profound expertise in the energy storage field, the company is keen to deepen the integration and development of the new energy industry chain, continuously fostering a tightly-knit ecological relationship of vertical and horizontal cooperation in the energy storage business while enhancing deep collaboration along the industry chain.

The construction of wind power projects aligns with the dual-carbon goals and the company's strategy of "three integrations and one fusion." It aims to fully leverage the abundant wind resources in Jiuquan, promote the deep integration of the new energy industry chain, and establish a new energy output base and a new growth driver for revenue.

The project will benefit the company by closely connecting the upstream and downstream customer resources in the energy storage industry chain, continuously strengthening in-depth cooperation within the industry, facilitating ecological integration, and gradually creating an ecosystem centered around vertical and horizontal cooperation in the energy storage business, thereby increasing customer stickiness. Adhering to the principle of "mutual benefit in resources," it will also promote significant growth in product sales and performance.

Narada will take this opportunity to further consolidate its market position in the new energy sector, deepen its new energy layout, and provide new impetus for long-term growth.