TD Holdings, Inc. Enters into a Strategic Cooperation Agreement to Develop Energy Storage Battery Project in Southeast Asia

Provided By PR Newswire

Last update: Aug 28, 2023

The anticipated annual capacity gain of the Project is expected to reach US$412 million

SHENZHEN, China, Aug. 28, 2023 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) ("the Company"), a commodities trading service provider in China, today announced that it has entered into a strategic cooperation agreement (the "Agreement") with Shenzhen Jintongyuan Energy Storage Technology Co., Ltd. ("Jintongyuan"), a leading tech enterprise specializing in the R&D and production of high-performance energy storage batteries in China, to develop a storage battery project(the "Project") in southeast Asia. The Project represents the Company's ambition of stepping into the renewable energy storage battery market of southeast Asia.