During the highly anticipated period of June 13-15, 2024, the 17th (2024) International Solar Photovoltaic and Smart Energy (Shanghai) Exhibition of SNEC and PV+kicked off brilliantly at the National Convention and Exhibition Center (Shanghai). This grand event in the photovoltaic energy storage industry has attracted global attention. As a barometer of the photovoltaic industry, the exhibition not only deeply analyzed the technological path and cutting-edge trends in equipment manufacturing, but also accurately positioned the innovative direction of market trends and application modes. Among the dazzling stars of numerous photovoltaic energy storage products, the built-in chiller system in the energy storage cabinet is particularly dazzling. With its excellent temperature control capability, it accurately regulates the temperature of various components of the energy storage equipment and flexibly provides diversified temperature control solutions, demonstrating the indispensable market position and broad prospects of chillers in the energy storage field.
During the three-day event, the energy storage cabinet chiller became the center of attention, continuously attracting industry elites, experts, scholars, partners, investors, and many media outlets with strong interest and deep concern. In this fiercely competitive market, the main competitors of our thermal power division's chillers in the industry are Tongfei and Yingweike. Famous brands Tongfei and Yingweike compete on the same stage, jointly occupying the dominant position in the market. Haier has also shown strong growth momentum, adding new vitality to the market.
Facing the challenging field of energy storage with a calm mind, Ferrotec (China) has always maintained a high level of focus and investment, committed to the research and production of energy storage refrigeration products, and continuously accelerating the construction pace of industrial complexes. We will continue to leverage our technological advantages to store energy for the vigorous development of the new energy industry, and contribute strong momentum to building a complete ecological chain of high-end chip manufacturing equipment supply chain. Together, we will create a new chapter of green, intelligent, and sustainable future energy.