Jin Tong Ling Technology Group Co.Ltd(300091) : the subsidiary signed a 40 million yuan energy storage project contract to promote the development of energy storage business

Jin Tong Ling Technology Group Co.Ltd(300091) announced on March 4 that Jin Tong Ling Technology Group Co.Ltd(300091) energy storage company, the holding subsidiary of the company, and Nantong No. 4 Construction Co., Ltd. signed the integration contract of high efficiency electric energy storage and waste heat recovery air conditioning system in the production command center of Zhongtian iron and steel green high-quality steel project with a total amount of 393254 million yuan.

It is understood that in this project, Jin Tong Ling Technology Group Co.Ltd(300091) energy storage company will make use of the advantages of independent technology to jointly apply the electric cold storage and electric heat storage technology in the construction of the production command center of Zhongtian green high-quality steel (Haimen port area of Tongzhou Bay) project, so as to provide relevant technologies, core products and air conditioning system integration for the project.

According to the data, the main technologies involved in the project include: using peak valley electric energy storage technology to make flowing ice with valley electricity; Use the electric energy of wind and light to make flowing ice; Through the energy storage energy station of Zhongtian iron and Steel’s green high-quality steel project, a large number of low-quality heat generated in the steelmaking process will be cooled and heated.

In recent years, driven by the national strategic objectives of “carbon peaking” and “carbon neutralization”, energy storage, as an important technology and basic equipment to support the new power system, its large-scale development has become a trend.

Jin Tong Ling Technology Group Co.Ltd(300091) actively responded to the national strategy, and formed energy storage technology R & D reserves in accelerating the green and low-carbon scientific and technological revolution, strengthening applied basic research and accelerating the R & D of advanced and applicable technologies. For example, the company’s ice storage system integration technology can realize the “peak shaving and valley filling” of the power grid. It is an energy storage method of using electricity to store cold under the background of “abandoning wind and light”, so as to make more rational use of energy. It has successfully implemented Suzhou Hengjiu optoelectronics, Hefei financial port, Rugao hydrogen energy industrial park and other projects.

The Zhongtian green high-quality steel (Haimen port area of Tongzhou Bay) project is the first (set) project of Jin Tong Ling Technology Group Co.Ltd(300091) in the subdivision industry of electric cold storage and electric heat storage. The company said that the project plays a positive role in the development of Jin Tong Ling Technology Group Co.Ltd(300091) in the energy storage industry and will further promote the development of green energy, green industry and green consumption in the region.

The company reminds that the signing of the contract will have an impact on the company’s business performance in 2022 and 2023, which needs to be determined according to the promotion and implementation of the projects listed in the contract. (Li Lin)

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