Lingpai Technology signs 125 million yuan energy storage procurement contract

Lingpai Energy Storage, a wholly-owned subsidiary of Lingpai Technology, has signed a contract with a customer to purchase energy storage system equipment worth 125 million yuan. The contract involves a 100MW/200MWh energy storage power station project. Lingpai Technology said that the fulfillment of the contract will have a positive impact on the company's operating performance in 2024 and future years.