Guangdong Kexin United Power Co, Ltd.

Guandong Kexin United Power Co., Ltd.（herein after referred to as UP）is a subsidiary held by Shenzhen Kexin Communication Technology Co., Ltd (herein after referred to as Kexin, 300565). The company's energy industrial park is located in Huiyang District, Huizhou City, with a floor area of 171,126m2, integrating R&D, product experience and display, production and delivery. The first phase has been put into production with a capacity of 1.3GWh of lithium iron phosphate prismatic aluminium-case cell and 2GWh of system capacity; The second phase plans an annual cell capacity of 2.2GWh, with a total capacity of 3.5Gwh. Relying on Kexin's 20 years of development in the communications industry, UP is based on high-end cell manufacturing, with products covering network site energy, home energy storage, industrial and commercial energy storage and PV+ESS+charger integration. UP has launched the world's first 2U-48100 network site energy, the thinnest wall-mounted home storage system of the same capacity (5kWh <9cm) and the industry's leading distributed energy storage system. Backed by its parent company's listed company platform, UP is positioned as a professional energy storage system solution provider. UP has now become a global strategic partner of Ericsson and Nokia. Meanwhile, the company acquired Efore Telecom Finland Oy in 2019 to explore the global market.