Chilwee Group was founded in 1998 and listed on the main board of Hong Kong in July 2010. It is mainly dedicated to the R&D and production of power and energy storage batteries. 2016 sales exceeded RMB 75 billion. Zhejiang Chilwee Power Co., Ltd. is a wholly-owned subsidiary held by Chaowei Group with a registered capital of RMB 50 million. It is mainly engaged in the research and development, manufacturing, planning and design, integrated application and installation and operation and maintenance of photovoltaic, energy storage products and other new energy products. Relying on the Group's advanced technology in the field of energy storage and integrating the Group's technology, market and talent resources in the field of energy storage, the Company continues to promote the development and industrialization of new products and technologies and the construction of grid-connected and off-grid business networks. The company has carried out large-scale new energy generation and storage projects and achieved good results, and the energy storage industry is becoming an emerging business growth point to support the rapid development of the group.