On July 14th, KAIHATSU/TETSU, Chairman of xxx Company in Japan, visited xxxxx Company in Shanghai (hereinafter referred to as "xxxx") for inspection, accompanied by Yang Linlin, Vice Chairman and General Manager of Electrical Energy Storage. KAIHATSU/TETSU and his team visited the exhibition hall of the Central Research Institute of Shanghai xxxx Company and the electrical energy storage xx production base. Both sides had in-depth exchanges on the core technology design of the all vanadium liquid flow energy storage system and future cooperation paths.

At the technical exchange meeting, Yang Linlin introduced that Shanghai xx Group is a world-class comprehensive high-end equipment manufacturing enterprise group. As a Shanghai xxxxx platform company, xxxx is renowned for its independent research and development, manufacturing, and sales of key materials, stacks, and system integration for liquid flow batteries, providing customers with safe, economical, and environmentally friendly energy storage equipment and full lifecycle solutions. In recent years, while adhering to the strategic layout of Shanghai xx Group's "4+2+X" new track, electrical energy storage has actively carried out overseas market layout, completed multiple energy storage projects such as the 100KW/380KWh optical storage project of Yamanashi Microgrid in Japan and the 125kW/250k wind storage project of Jiuzhou in Japan, and has a deep "energy storage friendship" with Japanese customers.

KAIHATSU/TETSU expressed appreciation for the breadth and depth of the display in the energy sector of Shanghai xx Group, and affirmed the technical achievements of electrical energy storage in the field of all vanadium liquid flow. It is also introduced that Japan's xxxx company was established in 2003 and is an important partner in the field of electrical energy storage overseas. Its headquarters are located in Akasaka, Tokyo, Japan, mainly engaged in the investment and construction of LED, new energy, and energy storage projects. Its products are widely used in fields such as electricity, industry, commerce, and civil use. We have abundant resources for power grid cooperation, with main customers including Tokyo Electric Power. I hope to work closely with electrical energy storage in the field of all vanadium liquid flow energy storage systems in the future, strengthen technical exchanges, deepen industrial cooperation models, and improve the internationalization of both industries.

ISAKA/HISASHI, Technical Director of xxxx Company, Electrical Energy Storage Technical Director, Overseas Market Director, and other relevant personnel attended the technical exchange meeting and accompanied the inspection.