On February 22, the first "Zero Carbon China" (Dali) green investment conference and the concentrated production ceremony of the photovoltaic industry project of Shangdeng Advanced Equipment Manufacturing Industrial Park were held in Dali Economic Development Zone. Shan Hui, president of Dongying Cospowers Technology Co., LTD. (referred to as Cospowers) attended the ceremony.

Since February 2022, Cospowers has decided with Dali Prefecture to invest in the construction of 6GWh lithium iron phosphate (LFP) battery energy storage system integration plant in Dali Economic Development District in two phases. With the great help and support of the Dali Municipal Government, Cospowers has officially put into operation the phase I 3GWh production line of the fully automatic electrochemical energy storage project.