XYZ Storage Won the Title of "Excellent Enterprise" in the 2025 Evaluation of Progress and Effectiveness of the "Science and Technology Reform Action"

Recently, the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council announced the results of its 2025 evaluation on the progress and effectiveness of the “Science and Technology Reform Action” for the Chinese central state-owned enterprises, in which XYZ Storage Technology Corp., Ltd. (XYZ Storage) was recognized as an "Excellent Enterprise".

The company has always regarded scientific and technological innovation as the primary driver of its development, and it has continuously enriched and upgraded its product system and steadily promoted the research and development of new products, including large storage products, industrial and commercial energy storage products, mobile power vehicles, and base station power supplies. XYZ Storage has increased its investment in research and development every year and has taken the lead in establishing the Key Laboratory for Fire Safety in Electrochemical Energy, a joint innovation initiative under the Ministry of Emergency Management; its "Scientific and Technological Achievement in High-Safety Submerged Energy Storage" passed the scientific and technological achievement appraisal of the China Association for Public Safety and was recognized as internationally advanced. In addition, its independently-developed AIOPS-2000 smart energy storage operations platform and auxiliary decision-making system for power trading have been put into regular use in multiple large-scale energy storage projects, which has promoted the transition of operation management towards range-wide intelligence.

Leveraging the differentiation advantages of submerged energy storage technology, the company focuses on high-value scenarios, such as data centers, intelligent computing centers, and communication base stations, to adequately meet the needs of key customers. A historic breakthrough has been made in the internationalization strategy: submerged energy storage products have been put into application overseas for the first time, and the industrial and commercial energy storage project in Mexico has been successfully commissioned; breakthroughs in cooperation have been made in Europe, the Middle East, Japan and other markets, contributing to the steady roll-out of global expansion.

As a participant in the science and technology reform action, the company is committed to breaking through the bottlenecks via reform and empowering development via mechanisms. XYZ Storage continues to improve its market-oriented management mechanisms, and has fully implemented the fixed-term appointments and contract-based management at the executive level. The company has conscientiously implemented mechanisms such as competitive selection for management positions, performance-based adjustments for bottom-performing employees, and removal of underperforming employees; it has also fully leveraged the benefits of science and technology reform policies to provide equity incentives to core personnel, thereby fostering a community of shared interests and shared responsibilities.