On November 20, 2024, Shenzhen SMS Energy Technology Co., Ltd. successfully won the bid for the procurement of photovoltaic distribution and storage equipment in the eighth joint authorization and competitive negotiation of the provincial managed industry of State Grid Jiangxi Electric Power in 2024. The company successfully fired the first shot in the energy storage field of the power grid company. This winning bid not only marks a significant breakthrough for SMS Energy in energy storage technology, but also indicates a further enrichment of the application scenarios for SMS Energy's energy storage products.

In the context of energy transformation and green development, the energy storage industry is facing unprecedented development opportunities, and among them, distribution network energy storage is gradually showing its huge potential and value, and is regarded as the next "wind".

This action by SMS Energy not only gives itself a market advantage, but also sets a new benchmark for the entire energy industry. Through this bold attempt, SMS Energy has demonstrated its ambitious goals in the field of new energy, while also providing new ideas and solutions for solving problems such as uneven power grid load and improving energy utilization efficiency. In this process, SMS Energy not only relied on its strong R&D team, but also cooperated with Northeast Electric Power University to overcome technical difficulties through industry university research cooperation. Their efforts ultimately translate into practical results, injecting new vitality into the intelligent and green development of the power grid, and contributing to the construction of a new type of power system with the SMS Plan.