As a holding subsidiary of Shanghai Electric Group Company Limited, Shanghai Electric Gotion New Energy Technology Co., Ltd. (hereinafter referred to as the Company) is one of the first pilot state-owned mixed ownership enterprises implementing the Employee Stock Ownership Plan (ESOP).

The Company has long been committed to the technology research and development, engineering application and market development in electrochemical energy storage services, which can cover the entire industrial chain including cells and energy storage systems. With core competitive advantages such as superior battery technology and optimized system integration technology, the Company can provide one-stop system solutions for new energy+storage, peak load and frequency regulation, grid-side energy storage and industrial and commercial energy storage applications. It is committed to becoming a leading supplier of system products and integrated solutions for the electrochemical energy storage industry.

The Company has two major production bases: Nantong base, equipped with large-scale lithium-ion battery energy storage systems, is the most advanced industrial base integrating R&D, testing and production in East China and has a planned annual output of 10 GWh, and a target output of 5 GWh in the first phase of construction was officially reached in September 2020. Kunshan base, with an annual output of 500 MWh, is now producing battery cells with an energy density that has reached an advanced level in the industry after continuous upgrading.