From August 8th to 10th, 2024, the highly anticipated WBE2024 World Battery and Energy Storage Industry Expo, co-organized with the 9th Asia-Pacific Battery Expo/Asia-Pacific Energy Storage Expo, grandly opened at the China Import and Export Fair Complex. As a significant communication platform for the global battery and energy storage industry, this event has attracted worldwide attention. Highstar Power, as a global leader in high-efficiency energy storage solutions, leveraged its over 30 years of deep experience in the battery industry and profound power technology expertise to showcase its cutting-edge sodium-ion and energy storage battery technologies, along with integrated solutions. This presentation has garnered widespread attention and high praise from numerous industry experts and attendees both domestically and internationally.

During the expo, Highstar Power grandly launched a comprehensive product line that includes a full range of sodium-ion batteries and high-capacity lithium-ion batteries. These products are widely applicable to several key areas such as telecommunications backup power, residential energy storage, commercial and industrial energy storage, large-scale energy storage, special vehicles, and automotive start-stop power supplies. This fully demonstrates the company's profound accumulation and innovative capabilities in the field of battery technology.

Highstar is committed to becoming a global leader in the research and development of sodium-ion products and a driving force in the application of sodium-ion technology in the market. Its relentless efforts and outstanding achievements on the path to the industrialization of sodium-ion batteries have become a highlight of this exhibition. The company showcased a variety of cylindrical and prismatic sodium-ion battery products in different specifications, which have been widely verified and applied by leading customers in various application fields due to their excellent performance. This includes projects for backup power at communication base stations of top global telecommunications operators such as China Mobile and Vodafone, as well as the first sodium-ion forklift launched in collaboration with Japan's Komatsu. These achievements highlight Highstar's leading position in the field of sodium-ion batteries.

It is worth mentioning that Highstar Power is among the first batch of companies in the country to pass the product evaluation for sodium-ion batteries and has been honored with the title of "Top Ten Innovative Enterprises in Sodium-ion Batteries for 2023." Its series of sodium-ion battery products, with their six major comprehensive advantages of long life, wide temperature range, high rate capability, high safety, low cost, and compatibility with production lines, have successfully obtained a number of international authoritative certifications, including UL, TUV, and IEC, ahead of others. This showcases the company's leading position and excellent quality in the field of sodium-ion batteries.

China's new energy industry is growing at an unprecedented pace, not only building a thriving green economic system within the country but also demonstrating strong innovation and development potential. Its extensive radiating effects are actively promoting and leading the transformation and upgrading of the global energy structure. Against this backdrop, Highstar Power actively responds to the national "Belt and Road" initiative, striving to create tangible value for the energy development of countries along the route, such as India and ASEAN nations.

By offering an integrated one-stop solution that encompasses photovoltaic, energy storage, charging, and diesel power, Highstar accurately meets local market demands. This helps these countries optimize and upgrade their energy structures, injecting new vitality into their economic and social development. Highstar's efforts contribute to sustainable growth and the transition towards cleaner and more efficient energy systems in these regions.

To better serve the global market, Highstar Power has established multiple offices and overseas bases worldwide, creating a global service network. The establishment of these overseas institutions not only enhances the company's execution efficiency for overseas projects but also provides strong support for the company's continuous development.Highstar Power is taking concrete actions to implement the concept of green energy, promote global energy transformation, and work together towards a smart lifestyle and a zero-carbon future. By leveraging its global presence and expertise, the company is playing a significant role in the shift towards sustainable and clean energy solutions, contributing to the reduction of carbon emissions and the enhancement of energy security for various regions around the world.

In the domestic market, Highstar has been recognized for its profound experience and technological advantages in the field of energy storage. As a representative of private enterprises, it has been selected to join the Central Enterprise Innovation Consortium in the new energy storage sector in China. This consortium is guided by the State-owned Assets Supervision and Administration Commission (SASAC) and led by State Grid and China Southern Power Grid. It brings together a multitude of central enterprises, state-owned enterprises, private enterprises, universities, and research institutions. The goal is to address challenges in the development of new energy storage through industry-academia-research cooperation and to accelerate the transformation of scientific and technological achievements.

Currently, the consortium has planned several key research and development tasks and intends to expand demonstration projects for new types of energy storage. Highstar will actively participate in the critical technology research and development, working with other members of the consortium to ensure that China's new energy storage technology remains at the forefront globally.

Looking ahead, the consortium will deepen the integration of innovation and industry chains, establish joint teams and platforms, and Highstar will continue to contribute to the high-quality development of the energy storage sector. This collaborative approach will help drive innovation, enhance competitiveness, and support the sustainable growth of the energy storage industry in China.

Through this exhibition, Highstar Power has established preliminary contact with numerous enterprises in need and has engaged in in-depth discussions on technical cooperation and market development. Looking to the future, Highstar Power will continue to uphold its core values centered on customer service, deepen cooperation with the upstream and downstream industrial chains, and jointly advance the commercial application process of sodium-ion batteries.

Simultaneously, leveraging its over 30 years of experience in the battery industry and its profound technical expertise, the company will accelerate its internationalization efforts. Highstar Power is committed to contributing to the global energy transition by offering innovative and sustainable energy storage solutions that meet the growing demands of various markets worldwide.

This strategic approach will not only strengthen Highstar's position in the global energy storage market but also help in fostering a more sustainable and environmentally friendly energy future for all.