Songsheng Co., Ltd. focuses on the core components of energy storage systems, primarily producing photovoltaic and energy storage hybrid inverters suitable for residential and household energy storage systems, among other products.
On May 28, during an interaction on an investment platform, an investor inquired about the recent launch of the Baocai Energy Storage Station by China Southern Power Grid in Yunnan. This facility is notable for being the country’s first large-scale lithium-sodium hybrid energy storage station. With domestic shared energy storage projects accelerating, including plans for 2 million kilowatts of storage capacity in Yunnan by 2025, the operationalization of the Baocai station marks a significant breakthrough in hybrid energy storage technology and its compatibility with the grid.
The investor asked if Songsheng, as an emerging force in the energy storage inverter sector, could leverage its technological advancements and market positioning to play a pivotal role in the scaling of new energy storage solutions, thereby becoming a new growth engine.
In response, Songsheng (301002.SZ) stated that the company is dedicated to the core components of energy storage systems. It primarily manufactures hybrid inverters for residential and household energy storage systems, as well as energy storage inverters for commercial and industrial applications. The company prides itself on innovation, combining cutting-edge technology and new materials to introduce a range of highly competitive products. This strategy aims to establish a second growth curve for the company and support the global transition to green energy.
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