On November 24th, Xinyi Electric Storage Holdings Limited (hereinafter referred to as "XES") and APsystems Co., Ltd. (hereinafter referred to as "APsystems") signed a strategic cooperation agreement in Jiaxing, Zhejiang. Both parties will further expand cooperation, deepen overseas market layout, focus on the fields of photovoltaics, energy storage, and EV charging, work together to expand overseas markets, promote more competitive solutions in the market, and empower the sustainable development of the new energy industry. Zhimin Ling, Chairman of APsystems and Mohan Wang, Executive Director and CEO of XES and other representatives from two parties, attended the signing ceremony.
At the signing ceremony, both parties introduced the recent business situation and development of the company, summarized the achievements and experiences of their years of cooperation, and discussed the next key plans for cooperation in the current trend of global solar and energy storage integration. Based on the principle of "equal cooperation and mutual benefit", both parties will leverage their respective strengths, work together to accelerate the global regional layout of residential solar energy storage and EV charging industry, jointly innovate business models, improve energy utilization efficiency, and create a strategic partnership for win-win cooperation and sustainable development.
XES and APsystems have had long-term and stable cooperation in the fields of micro inverters, energy storage batteries, etc. since 2016. The achievement of this strategic agreement is another deep collaboration between the two parties under the global background of the"solar energy integration". The two parties will further strengthen cooperation and exchange, and jointly enhance the level of strategic cooperation by integrating technology, market, channels and other advantageous resources, creating greater value for their cooperation. At the same time, this cooperation will further consolidate XES's strategic layout in overseas markets, focusing on the field of "solar energy storage and charging", and providing higher quality solutions and services for global users.
Sincere cooperation,setting sail for the future. The signing of the strategic cooperation agreement between XES and APsystmes is a significant and long-term partnership. The cooperation between the two parties will further inject new momentum into the integrated development of the "solar energy storage and charging", accelerate the process of new energy transformation, and help achieve a green and low-carbon society.
