Recently, China Tower announced the bidding result of the 2023-2024 Lithium Iron Phosphate Battery Collection Project. TOPBAND won a 13% share, namely about RMB 340 million (including tax). This is the good news that TOPBAND received again after winning the bid of China Tower’s project in 2022-2023, demonstrating its rising status in the new energy industry.

The evaluation committee of China Tower’s 2023-2024 Lithium Iron Phosphate Battery Collection Project (project number: CTZB2023GZ084) has completed the review of the bidding documents submitted by each bidder following the evaluation methods and standards specified in the tender documents.

According to the evaluation result and the tenderer’s confirmation, your company becomes the fourth winning bidder, winning 13% share. The winning amount is RMB 340,048,442.25; Of this amount, the price is RMB 300,927,825.00; The amount of tax is RMB 39,120,617.25.

Previously, TOPBAND had won orders from China Tower, China Mobile and other customers in the area of communication base station power backup multiple times. The successive winning of bidding shows TOPBAND’s strong power in the new energy storage scene. It also shows that TOPBAND’ products and strength win the trust of the industry and head customers. This will continue to stimulate the new momentum of TOPBAND in the energy storage field.

The new energy business of TOPBAND is mainly for the two major application fields of small and medium-sized energy storage, and new energy vehicles. For the energy storage industry, TOPBAND mainly focuses on home energy storage, industrial and commercial energy storage, portable energy storage and other application fields, and provides customers with components and system solutions through the core technologies of "1 Cell 1 Cloud 3S" (cell, cloud platform, BMS, PCS and EMS). In the field of new energy vehicles, TOPBAND provides intelligent controllers and charging equipment for customers with the comprehensive technology system of "Four Electrics and One Network", promoting the green and low-carbon development.

As an innovative leader in the new energy industry, TOPBAND will continue to adhere to the brand core value concept of "Agility, Innovation and Partnership" and provide customers with faster, newer and better products and solutions, and building a more intelligent and low-carbon world with global customers and industry partners.