Canadian Solar's energy storage business

Canadian Solar Energy Storage provides one-stop energy storage solutions for all types of users. As of the end of January this year, its energy storage system order reserve was about 63GWh, and it also managed 3.1GWh of operational energy storage projects. However, in the first quarter of this year, Canadian Solar achieved revenue of 9.597 billion yuan, a year-on-year decrease of 18.88%; net profit attributable to shareholders was 579 million yuan, a year-on-year decrease of 36.98%.