With the rapid increase in global energy storage demand, new types of energy storage mainly based on electrochemistry have entered a rapid and large-scale development channel, and the integrated development of optical and hydrogen storage has become an important consensus in the industry.

From August 3rd to 4th, the "Photovoltaic Lithium Hydrogen Fusion, Together with Energy Storage T Era -2023 High tech Photovoltaic New Energy Storage Summit" hosted by High tech Energy Storage and High tech Lithium Battery, co organized by Li Yuanheng, and named by General Manager Chu Neng, kicked off at the Suzhou JAL Hotel. Lu Miao Louise, Vice Chairman of Li Yuanheng, and Dr. Du Yixian, President of Li Yuanheng Research Institute, attended the summit. At the meeting, Louise delivered a keynote speech titled "Zhongxing Zhiyuan Innovation Continuously Global Supporting Zero Carbon", and Dr. Du Yixian delivered a keynote speech titled "Overall Solution for the Whole Industrial Chain of Optical Storage Hydrogen Intelligent Manufacturing".

At the same time, the "2023 New Energy Pioneer Award Ceremony" was grandly held, and Li Yuanheng was awarded the "2023 New Energy Pioneer Award". This award reflects the high recognition of lyric intelligent equipment in empowering the new energy industry to build advanced intelligent manufacturing factories.

lyric attaches importance to research and development. In recent years, its research and development investment has continued to lead its peers. Now, it has a strong platform research and development capability. It has continued to innovate in the new energy field, constantly launched equipment products with core competitiveness, and built a high barrier product Moat.

In the photovoltaic field, multiple production line layouts have been completed, including silicon rod machine processing intelligent factory, photovoltaic cell intelligent sorting and assembly line, HJT battery assembly line, component assembly line automation, photovoltaic laser process specialized machine, photovoltaic intelligent warehousing, etc. The independently developed HJT core process equipment assembly line has received LOI from well-known enterprises and achieved high-quality delivery of some high-precision specialized machines and automated assembly lines.

In hydrogen energy, Liyuan Heng has possessed the intelligent manufacturing solutions for the whole line of Hydrogen fuel cells, and has mature intelligent manufacturing technologies for core products such as bipolar plates, membrane electrodes, fuel cell stacks, and hydrogen power systems, which can realize full automatic and continuous production.

Lyric's brand reputation overseas has gradually been established, and its R&D centers, service centers, and production bases established in Europe and North America can meet customers' localized R&D, production, sales, and after-sales service needs. The first cell assembly line in the United States that includes module packs is about to be delivered, and a new energy intelligent assembly line order has been signed with a North American power battery giant.

Lyric is building the ability to reduce costs and will continue to reduce costs to the end. We have established an end-to-end cost management concept, collaborating from multiple aspects such as research and development, procurement, manufacturing, inventory, quality, logistics, digitization, informatization, and intelligence to achieve the ultimate in cost management and cost optimization. In the future, we will continue to inject new impetus into intelligent manufacturing in the new energy field, achieve technological breakthroughs, and achieve deeper collaboration with customers, making intelligent manufacturing more efficient, intelligent, and sustainable. To provide high-quality services for the global new energy industry and contribute wisdom and strength to the development of the global green and intelligent economy.