On October 27th, the signing and commencement ceremony of the Yichuang New Energy Storage Project invested and constructed by EnerVenue Company was held in the Wujin High tech Zone. Dr. Li Jiajie, a member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference, Hengji Zhaoye Real Estate Co., Ltd., and Chairman of Hong Kong China Gas Co., Ltd., Dr. Cui Yi, the founder of EnerVenue and professor of materials at Stanford University in the United States, and Joerg Heineman, the CEO of EnerVenue, attended the ceremony. Chen Jinhu, Secretary of the Municipal Party Committee, delivered a speech.

Chen Jinhu pointed out that the new energy storage industry is the "wind industry" in the field of new energy. Changzhou has a forward-looking layout of the new energy industry, successfully seizing the market share and leading the way, striving to build a "new energy capital" that leads the Yangtze River Delta, radiates nationwide, and has global influence. The Yichuang New Energy Storage Project relies on the combination of multiple resource advantages such as capital, technology, industry, and market. The project is located in Changzhou, which not only injects strong momentum into the construction of the new energy capital, but also will seize the opportunity to win great development and create greater value for the entrepreneurial team and project investors. Changzhou will continue to create a market-oriented, legalized, and internationalized first-class business environment, fully serving as a "shop assistant" and "urgent doctor" with warm hearted services, achieving zero distance service, no obstacles in handling affairs, and full commitment. We will spare no effort to ensure project construction, and work together to create a beautiful future through win-win cooperation.

Li Jiajie said in his speech that Changzhou and Hong Kong China Gas have been cooperating for 20 years, and this project has settled in the Wujin High tech Zone, opening a new starting point for cooperation between the two sides. As one of the important cities in the Yangtze River Delta, Changzhou not only has unique geographical and resource advantages, but also is a famous new energy capital. Changzhou proposed at the 2023 World New Energy Expo that "any resource that meets the direction of high-quality development is willing to invest wholeheartedly; anyone who looks forward to growing together with Changzhou is willing to accompany for a long time." It is impressive that Changzhou's openness and inclusiveness have made Hong Kong China Gas more confident in landing projects in Changzhou. On site, EnerVenue company and Wujin National High tech Zone held a signing ceremony for the project landing. At the same time, Yichuangxin Energy Technology (Jiangsu) Co., Ltd. was awarded a business license.

EnerVenue is committed to building safe and cost-effective energy storage solutions for the clean energy revolution. The company's new nickel hydrogen battery has advantages such as ultra-long service life, no risk of fire or thermal runaway, no need for routine maintenance, good high and low temperature operation, and low cost. It can be widely used in various energy storage application scenarios such as renewable energy distribution and storage, power grid peak shaving and frequency regulation services, industrial and commercial user peak valley electricity regulation, and building energy storage integration. City leaders Hang Yong, Qiao Junjie, and City Government Secretary General Zhou Chengtao participated in the event.