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On October 11, Wuxi Municipal Public Industry Group Co., Ltd. visited Vision Battery Dapeng Base to investigate Vision Battery's lithium and hydrogen energy production line.

During the research process, both sides had in-depth exchanges on the application and development prospect of hydrogen energy and energy storage products, and our core products and comprehensive strength were highly recognized.

Under the background that green and low-carbon transformation has become a world trend, all over the country and all industries are actively participating in the exploration and piloting of the "double carbon" target. Wuxi City attaches importance to the development of the hydrogen energy industry and energy storage industry, and is committed to becoming an internationally influential and domestically leading cluster for the development of hydrogen energy and fuel cell vehicle industry. Recently, the Bureau of Industry and Information Technology of Wuxi High-tech Zone (Xinwu District) issued an announcement on the one-time subsidy of 0.1 yuan/watt for new energy storage projects that are actually put into operation according to the installed capacity of the project, with a maximum ceiling of 500,000 yuan for a single project.

During the discussion and exchange, Chen Hong, General Manager of Vision Hydrogen fuel cell team, introduced the global layout and industrial planning of Vision hydrogen energy and shared the energy storage cases trusted and recognized by the majority of customers. He expressed that Wuxi has broad application scenarios and strong development strength, and hoped that both sides would continue to deepen communication and interaction to jointly promote the development and upgrade of hydrogen energy and energy storage industry.

Mr. Bai Fenglong, Director of Investment and Development Department of Wuxi Municipal Group, said that the development of new energy industry is an important direction for the transformation of green and low-carbon economy, and the main business and strategic direction of Xiongtao shares are highly compatible with the industrial development needs of Wuxi City, and the cooperation between them has a solid foundation.