On August 8, 2024, the highly anticipated "WBE2024 World Battery and Energy Storage Industry Expo and the 9th Asia-Pacific Battery and Energy Storage Exhibition" grandly opened in Guangzhou. Ganfeng Lithium presented several innovative energy storage products, highlighting the latest achievements and forward-looking layouts in energy storage technology. The company aims to engage in in-depth exchanges with global battery and energy storage industry enterprises and experts to discuss future development trends and challenges in the industry.
The exhibition was represented by Ganfeng Lithium's wholly-owned subsidiary, Guangdong Huichuang New Energy Co., Ltd. Guangdong Huichuang is a high-tech enterprise focused on the production and R&D of battery swapping for two-wheeled vehicles and energy storage batteries. Its products are sold globally and have passed numerous certifications, including CQC, UL, ETL, CB, CE, and German safety certifications.
Among the products exhibited were two-wheeled battery swapping products, portable energy storage products, home energy storage, and commercial energy storage products, all of which attracted a large number of visitors on the opening day.
Ganfeng Lithium's two-wheeled battery swapping product uses an LFP battery system with a multi-level retention and modular design, featuring long cycle life, slow degradation, and simple operation and maintenance. It meets new national standards and can be widely applied to battery swapping for two-wheeled vehicles. Currently, the market has over 1 million units, making it a designated partner for leading battery swapping brands in China.
As the global scale of new energy storage installations increases, Ganfeng Lithium continues to innovate, developing high-safety, high-efficiency, and long-life energy storage system products. The 314AH cell has entered mass production and application, while the highly integrated 5MWh container energy storage system has also become a key player in large-scale energy storage projects. With outstanding research capabilities and forward-looking technological layouts, Ganfeng Lithium has completed over 100 large-scale energy storage projects, with a total application scale exceeding 11,000MWh. Its energy storage products are exported to the United States, Turkey, South Africa, and India, successfully opening up overseas energy storage markets. In the user-side energy storage sector, products cover various application scenarios, including user-side and industrial and commercial uses, and can seamlessly integrate with photovoltaic systems to effectively achieve peak-valley benefits.
Developing new energy batteries is a crucial pathway to achieving carbon neutrality goals, ensuring energy supply security, and promoting green, low-carbon development. Ganfeng Lithium adheres to the corporate development strategy of "building a world-class enterprise integrating the upstream and downstream of the global lithium industry," continuously expanding high-quality lithium resources both domestically and internationally. Lithium mineral resources are distributed across Argentina, Australia, Mexico, Mali, Ireland, and several regions in China, including Jiangxi, Qinghai, Inner Mongolia, and Hunan. The company plans to establish a lithium product supply capacity of no less than 600,000 tons of LCE annually by 2030. The supply capacity brought by lithium resource reserves enhances Ganfeng Lithium and Ganfeng Lithium's competitiveness and growth value in the industry. Ganfeng focuses on technological innovation as the core driving force for sustainable development, exploring and breaking through in cutting-edge fields such as battery raw materials, solid-state lithium batteries, and recycling technology, and contributing to the establishment of a green and sustainable lithium supply chain, working together with the industry to promote energy transition.