On December 13, 2022, after evaluation by the industry's leading authority on energy storage, Dongying Cospowers Technology Co., Ltd. was awarded the "2022 Gaogong Golden Globe Award -- 2022 Annual Investment Value Enterprise", which was hosted by Gaogong Energy Storage, Gaogong 

Industry and Research Institute (GGII). 

In the context of the surging global energy storage demand and market, which has become a definite super track, the 2022 Gaogong Energy Storage Golden Globe Awards with the theme of "Super Track, China Power" selected 9 awards from more than 100 companies. Cospowers had the honor to win the Golden Globe Award "Investment Value Enterprise of the Year 2022" depending on its own digital and intelligent energy storage technology concept, safe and reliable quality requirements and rapid development of business scale.

In his acceptance speech, Liu Rong, vice President of Cospowers, said that in the certainty track of new energy with long slope and thick snow, the rapid growth of market demand is encouraging and the development of energy storage technology is diverse. At the same time, in this trillion-scale track, Chinese companies are demonstrating more advanced technologies and more professional production management, and the determination and ability to make global strategic arrangements. Cospowers has a higher vision for the industry, a better expectation for the growth of the company, and more confidence in its own technology and products. Cospowers is willing to work with all sectors of the energy storage industry to contribute its own strength, so that the industry can achieve a more dynamic, more healthy and sustainable development.

Recently, Cospowers officially completed hundreds of millions of Yuan D/D+ round of financing. This round of financing was favored by many well-known investment institutions with new and old shareholders, such as Toposcend Capital, GAC Capital, Kunpeng Capital and Qingsong Capital, and the last round of financing was successfully completed before the stock market reform.

This year, the company's new energy storage battery capacity of 2GWh in phase I of Changde production base is gradually put into operation, and the total planned capacity of 6GWh of the park is under construction in an orderly way. At the same time, due to the rapid growth of business scale, the company has set up a number of battery production and research and development bases in Yunnan, Hunan, Anhui and other places, and further spread the smart energy storage products of Cospowers to big province with more new energy power generation and energy storage. The financing of this round provides strong support for Cospowers to realize high-quality capacity layout, production and delivery, and development of digital and intelligent energy storage technology under the situation of rapid business growth.