eLong Power subsidiary signs three-year energy storage supply deal worth at least RMB 2 billion
ELPW•eLong Power’s wholly owned Beijing subsidiary signed a three-year energy storage equipment supply agreement requiring at least RMB 2 billion (about $300 million) in procurement. A first purchase contract worth at least RMB 300 million (about $45 million) is scheduled to be signed in January 2027.
1. Supply agreement
eLong Power’s wholly owned Beijing subsidiary signed a three-year cooperation agreement to supply energy storage equipment, with total procurement of at least RMB 2 billion (about $300 million).
2. First purchase contract
The first purchase contract, worth at least RMB 300 million (about $45 million), is scheduled for signing in January 2027.
