Adhering to the trend and seizing the top-level policy benefits of Yunnan Province, we will seize the golden opportunity in the field of all-vanadium liquid flow energy storage.

As a leading enterprise in the field of new energy that has been deeply rooted in Yunnan Province and based in the Diqing region, Xia Xu New Energy accurately grasps the top-level guidance for the development of new energy storage in the province: Yunnan Province has clearly prioritized the development of centralized shared energy storage with all-vanadium liquid flow technology. In principle, no new phosphate iron lithium shared energy storage projects will be added. At the same time, differentiated incentive policies for capacity leasing and peak-valley electricity prices have been introduced, significantly expanding the long-term investment returns of all-vanadium liquid flow projects, and strongly promoting the industrialization of long-term energy storage. 

Relying on the unique green power resources of Yunnan Province, combined with the industry trend of the "15-15" new energy storage strategy upgrade and the accelerated construction of computing infrastructure, Xia Xu New Energy has made early preparations for high-value scenarios such as zero-carbon parks and AIDC data center battery storage. The implementation of this Shangri-La 25MW/100MWh energy storage project is precisely the key move of the company in line with regional policy guidance and anchoring in the development trend of long-duration energy storage. It fully demonstrates the forward-looking strategic vision of the enterprise in deeply engaging in local green energy and laying out the integration of computing and electricity. 

Focusing on the zero-carbon park of Shangri-La, we aim to build a benchmark project for secure energy supply of computing power.

Currently, the AIDC artificial intelligence computing power center is experiencing rapid expansion. Data centers have put forward four stringent requirements for energy storage systems: high safety, long-term stability, green and low-carbon, and economic performance throughout the entire life cycle. Traditional short-term lithium-ion energy storage is unable to meet the core demands of 24-hour uninterrupted computing power load and long-term green electricity consumption. The all-vanadium liquid flow energy storage, which has inherent safety, ultra-long cycle life, and a 4-hour or longer long-term discharge advantage, has become the optimal solution. 

The energy storage project for the Shangri-La Zero-Carbon Park, which is led by Xia Xiu New Energy, has a capacity of 25MW/100MWh. It adopts the mature STAR 835 all-vanadium liquid flow energy storage product from Xingchen New Energy, perfectly meeting the strict energy usage standards of the park's computing infrastructure: 

Strengthen the bottom line of computing security: The all-vanadium liquid electrolyte system has no risk of combustion or explosion, completely eliminating the potential hazard of lithium battery overheating, and providing a secure energy foundation for the continuous and stable operation of data centers throughout the year. 

2. Open up channels for green electricity consumption: Utilizing the long-term storage characteristics to smooth out fluctuations in wind and solar power generation, enabling local storage of green electricity and peak-load release, thereby reducing the electricity cost for the park and helping the zero-carbon park meet its low-carbon assessment requirements; 

3. Establish a power-electricity-calculation synergy system: Transform energy storage into the core hub connecting green electricity, the power grid, and computing load, and reserve sufficient energy adjustment space for the subsequent expansion of the AI computing power cluster in the park. 

From project development, planning and approval to final signing, the entire process was coordinated by Xia Xu New Energy. It fully leveraged the company's core advantages in resources, policies and project development in the Shangri-La area of Diqing Prefecture, converting the provincial-level energy storage policy benefits into a practical and ground-breaking project, and providing a replicable model for the construction of zero-carbon computing parks across Yunnan Province. 

Achieve comprehensive and in-depth strategic cooperation, and build a complete industrial guarantee system for Xia Xu New Energy

This signing is not merely a cooperation for a single energy storage project; it is also Xia Xu New Energy's strategic layout to secure long-term industrial support. Both parties have signed a 12-month in-depth strategic cooperation agreement, stipulating a priority cooperation mechanism for the four core businesses, and providing comprehensive support for the entire industrial chain development of Xia Xu New Energy: 

1. Prioritize the full process of energy storage business for guarantee. 

All the subsequent energy storage and new energy power generation projects under Xia Xu New Energy, as well as the four major business segments of financing, storage equipment procurement, power station operation and maintenance, and power trading, will be exclusively entrusted to Xingchen New Energy for service provision: 

Customized project financing services: Xingchen New Energy will match various financing channels and tailor a low-cost financing plan to lower the funding threshold for the development of Xiaxu New Energy's energy storage project. 

2. Stable supply of energy storage equipment: Under the same quality and same price conditions, the all-vanadium liquid flow and lithium iron phosphate energy storage systems of Xingchen New Energy are the only preferred suppliers for Xiaxu New Energy, ensuring the stable delivery of project equipment. 

3. Full-cycle professional operation and maintenance support: Provide standardized operation and maintenance services for the energy storage station, as well as fault handling and smart energy management services. This significantly reduces the operational pressure on Xia Xu New Energy in the later stage. 

4. Market-oriented power trading empowerment: Assist in conducting transactions for energy storage power and green electricity by-products, maximizing the revenue potential for power generation and energy storage of the project. 

II. Low-altitude Economic Collaborative Resource Sharing 

Relying on the local resources and professional advantages of Xia Xu New Energy in the low-altitude economy sector in Yunnan and Diqing Prefecture, Xingchen New Energy provides dual empowerment of industrial resources and government channels, assisting in the improvement of low-altitude economy development plans, connecting with high-quality enterprises in the industrial chain, and expanding the second growth curve of Xia Xu New Energy. 

III. A Partnership Mechanism of Equality, Mutual Benefit and Long-term Win-Win Cooperation 

Xia Xu New Energy enjoys the rights to supervise the entire business process and hold those responsible for quality issues accountable. Xingchen New Energy provides standardized professional services throughout the entire chain. Both parties have clear rights and responsibilities and complement each other's strengths. This will lay a stable supply chain and service chain foundation for Xia Xu New Energy's future development of a large number of new energy projects. 

Based on the local conditions and with a focus on the entire region, Xia Xu New Energy is accelerating the establishment of a leading platform for zero-carbon energy in Yunnan. 

The successful implementation of the Shangri-La all-vanadium liquid flow energy storage project marks an important milestone for Xia Xu New Energy in its pursuit of green energy transformation and the layout of computing infrastructure新基建. It also highlights the three core competitive advantages of the enterprise 

Regional resource barriers: Specialized in Dikin, Yunnan Province, thoroughly understanding the policies related to new energy storage, zero-carbon parks, and computing power industries throughout the province. Possessing exclusive advantages in local project development, government coordination, and land and scenic resources. 

2. Comprehensive Scenario Layout Barrier: Simultaneously cover wind and solar power generation, long-term energy storage, zero-carbon computing power parks, and various low-altitude economic sectors, and打通 the integrated development path of "source - storage - computing". 

3. Industry Chain Synergy Barrier: Secure the long-term priority cooperation rights with leading energy storage equipment enterprises, achieving a full-chain closed-loop of "project development + capital financing + equipment supply + operation and maintenance transactions", significantly enhancing the project implementation efficiency and profitability stability. Facing the long-duration energy storage explosion period during the "14th Five-Year Plan" period, Xia Xu New Energy will continue to start from the Shangri-La benchmark project, continuously expand the layout scale of vanadium redox flow energy storage in zero-carbon parks, grid-side, and industrial and commercial computing power support scenarios. Relying on local resource advantages and stable industry chain cooperation, it will continue to implement more standardized and high-yield long-duration energy storage projects, deeply participate in the construction of the new power system in Yunnan Province, and with the role of local enterprises, contribute to the green, low-carbon, and high-quality development of the southwestern region. 

In the future, Xia Xu New Energy will continue to expand its presence in the new energy industry. By relying on strategic partners to improve product and service support, it will continue to explore the value of green energy resources in Yunnan, and build a local leading new energy group that integrates new energy development, long-term energy storage operation, and comprehensive zero-carbon computing power services.