In future development, the low-carbon economy will continue to promote innovation and application to achieve low-carbon, efficient, and sustainable development goals. New energy and new technologies will inevitably become explosive forces driving the development of low-carbon economy.

On August 29th, SMS Energy and Datang Huayin Hunan Low Carbon Energy, in order to strengthen their cooperation in new energy, energy storage and other fields, promote the development of their respective businesses, and create a community of interests, officially reached a strategic cooperation based on a good cooperative trust relationship and the principles of equality, mutual benefit, resource sharing, complementary advantages, and win-win development. Cheng Jinmin, Executive Director and General Manager of Datang Huayin Hunan Low Carbon Energy Co., Ltd., and Deng Dong, General Manager of Shenzhen SMS Energy Technology Co., Ltd., signed a strategic cooperation agreement on behalf of both parties, and their market teams witnessed the signing.

Datang Huayin Hunan Low Carbon Energy Co., Ltd. is a wholly-owned subsidiary of Datang Huayin Electric Power Co., Ltd. Huayin Electric Power is a large comprehensive energy listed company, mainly engaged in power production, mainly engaged in the development, investment, construction, operation and management of power energy, and is the largest thermal power enterprise in Hunan Province. At present, the construction of Zhuzhou Million Thermal Power Plant, Loudi Million New Energy, and Hengnan Pumped Storage Power Station is all being carried out in an orderly manner.

Both parties agree to strengthen cooperation in comprehensive energy services to achieve mutual benefit and win-win results. The cooperation content includes:

（1） Within the scope permitted by national laws, regulations, and policies, both parties will fully leverage each other's advantages in brand, capital, resources, technology, products, and other aspects. In terms of obtaining energy storage projects, they will actively explore innovative cooperative development models that are in line with the industrial development and interests of both parties.

（2） Utilize the advantages and technological advancements of Shenzhen SMS Energy Energy Storage Team in the research of new power systems, energy metering, energy management systems and heat exchange, battery management, etc., and jointly explore the market.