Elong Power Subsidiary Secures Major Energy Storage Supply Agreement

AI-generated NewsSnap summary based on source reporting.
Published: 2026-11-05
Category: business
Source: GlobeNewswire
Original source

Elong Power Holding Limited's subsidiary, Elong Power (Beijing) Co., Ltd., has signed a three-year energy storage equipment cooperation agreement valued at a minimum of RMB2 billion (approximately US$300 million). This significant deal marks a breakthrough in domestic grid-side energy storage supply, positioning the company for substantial growth in the sector.

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