China Energy Storage Network news: On May 16th, SMS Electric disclosed the investor relations activity record form. Hu Kun, chairman and general manager, Li Lin, director, deputy general manager and secretary of the board of directors, Li Linlin, Chief financial officer attended the meeting.

SMS says it doesn't have a presence in Zhuhai and that its subsidiary, Shenzhen SMS Energy Technology Co., is building an energy-storage plant in Dongguan. The company's subsidiary, Shenzhen SMS Energy Technology Co., LTD., takes power grid enterprises and new energy generation enterprises as its main target customers, and conducts product research and development, production and sales centering on power side energy storage, power grid side energy storage and user side energy storage.

Some investors ask: 'How to balance and coordinate the development of the two main businesses in the next few years?' SMS Electric said that the company's energy storage business is highly consistent with the target customers of the business related to electricity meters, and great synergistic benefits have been formed in the energy storage business and the business related to electricity meters of the company. In the future, the two main businesses of the company will develop together.

SMS Electric said it aims to build an industrial layout with energy storage as the core and supported by existing businesses in about three years. In the next few years, the company will focus on the development of energy storage business, and its products cover the whole series of power side energy storage, power grid side energy storage and user side energy storage devices as well as related core components. Through the research and development of the underlying technology of the existing business and energy storage business, to build energy storage products and system research and development platform, to realize the self-research and self-supply of core components such as BMS, PCS, EMS. (Wang Lei)